Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Friday, October 19, 2018.

Algerian Dinar/Euro (FOREX:DZDEUR)

Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight stops.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

FOREX_DZDEUR
Open High Low DZDEUR Price Change
0.007351 0.007356 0.007320 0.007325 -0.000026
Entry Signal

MarketClub’s Trade Triangles for DZDEUR

long term down The long term trend has been DOWN since Sep 20th, 2018 at 0.007242

intermediate term up The intermediate term trend has been UP since Oct 3rd, 2018 at 0.007319

short term up The short term trend has been UP since Oct 17th, 2018 at 0.007316

Smart Scan Analysis for DZDEUR

Based on a pre-defined weighted trend formula for chart analysis, DZDEUR scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+60
Smart Scan Analysis for DZDEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.007351 0.007356 0.007320 0.007325 -0.000026
Prev. Close Volume Bid Ask Time
0.007351 0.007298 0.007351 2018-10-19 17:09:04
Want to analyze Algerian Dinar/Euro DZDEUR or another symbol? Try our Free Forex Trend Analysis Report.