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Forex Trend Analysis Report

Prepared for you on Sunday, January 20, 2019.

Algerian Dinar/US Dollar (FOREX:DZDUSD)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very tight money management 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_DZDUSD
Open High Low DZDUSD Price Change
0.008447 0.008450 0.008428 0.008443 -0.000004
Entry Signal

MarketClub’s Trade Triangles for DZDUSD

long term down The long term trend has been DOWN since May 1st, 2018 at 0.00870

intermediate term up The intermediate term trend has been UP since Dec 21st, 2018 at 0.00846

short term down The short term trend has been DOWN since Jan 13th, 2019 at 0.00845

Smart Scan Analysis for DZDUSD

Based on a pre-defined weighted trend formula for chart analysis, DZDUSD scored -65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-65
Smart Scan Analysis for DZDUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.008447 0.008450 0.008428 0.008443 -0.000004
Prev. Close Volume Bid Ask Time
0.008447 0.008412 0.008475 2019-01-18 17:17:54
Want to analyze Algerian Dinar/US Dollar DZDUSD or another symbol? Try our Free Forex Trend Analysis Report.