Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Sunday, January 20, 2019.

Euro/Algerian Dinar (FOREX:EURDZD)

Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend with 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.

Open High Low EURDZD Price Change
134.89 135.07 134.59 134.61 -0.28
Entry Signal

MarketClub’s Trade Triangles for EURDZD

long term down The long term trend has been DOWN since Nov 8th, 2018 at 134.65

intermediate term up The intermediate term trend has been UP since Dec 20th, 2018 at 135.50

short term down The short term trend has been DOWN since Jan 15th, 2019 at 135.23

Smart Scan Analysis for EURDZD

Based on a pre-defined weighted trend formula for chart analysis, EURDZD scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

Smart Scan Analysis for EURDZD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
134.89 135.07 134.59 134.61 -0.28
Prev. Close Volume Bid Ask Time
134.89 134.11 135.11 2019-01-18 17:17:54
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