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Forex Trend Analysis Report

Prepared for you on Friday, July 20, 2018.

Algerian Dinar/US Dollar (FOREX:DZDUSD)

Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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_DZDUSD
Open High Low DZDUSD Price Change
0.008470 0.008489 0.008470 0.008489 +0.000019
Entry Signal

MarketClub’s Trade Triangles for DZDUSD

long term down The long term trend has been DOWN since May 1st, 2018 at 0.008700

intermediate term down The intermediate term trend has been DOWN since Jul 18th, 2018 at 0.008485

short term down The short term trend has been DOWN since Jul 18th, 2018 at 0.008488

Smart Scan Analysis for DZDUSD

Based on a pre-defined weighted trend formula for chart analysis, DZDUSD scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-90
Smart Scan Analysis for DZDUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.008470 0.008489 0.008470 0.008489 +0.000019
Prev. Close Volume Bid Ask Time
0.008470 0.008459 0.008520 2018-07-20 13:17:07
Want to analyze Algerian Dinar/US Dollar DZDUSD or another symbol? Try our Free Forex Trend Analysis Report.