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Forex Trend Analysis Report

Prepared for you on Thursday, November 15, 2018.

Euro/Algerian Dinar (FOREX:EURDZD)

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_EURDZD
Open High Low EURDZD Price Change
134.19 134.32 133.73 134.32 +0.13
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 down The intermediate term trend has been DOWN since Oct 2nd, 2018 at 136.63

short term down The short term trend has been DOWN since Nov 8th, 2018 at 134.73

Smart Scan Analysis for EURDZD

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

-90
Smart Scan Analysis for EURDZD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
134.19 134.32 133.73 134.32 +0.13
Prev. Close Volume Bid Ask Time
134.19 133.82 134.82 2018-11-15 21:45:34
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