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Forex Trend Analysis Report

Prepared for you on Monday, August 20, 2018.

/US Dollar (FOREX:GYDUSD)

Smart Scan Chart Analysis indicates that the upward trend for this market is at a crossroads and has possibly ended. Look for choppy trading conditions in the near term Trading Range Mode.

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_GYDUSD
Open High Low GYDUSD Price Change
0.004824 0.004824 0.004824 0.004824 0.000000
Entry Signal

MarketClub’s Trade Triangles for GYDUSD

long term down The long term trend has been DOWN since Apr 29th, 2018 at 0.004820

intermediate term up The intermediate term trend has been UP since Aug 19th, 2018 at 0.004809

short term up The short term trend has been UP since Aug 19th, 2018 at 0.004803

Smart Scan Analysis for GYDUSD

Based on a pre-defined weighted trend formula for chart analysis, GYDUSD scored +50 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+50
Smart Scan Analysis for GYDUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.004824 0.004824 0.004824 0.004824 0.000000
Prev. Close Volume Bid Ask Time
0.004824 0.004621 0.005027 2018-08-19 20:22:47
Want to analyze /US Dollar GYDUSD or another symbol? Try our Free Forex Trend Analysis Report.