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Forex Trend Analysis Report

Prepared for you on Saturday, August 18, 2018.

/US Dollar (FOREX:MZNUSD)

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_MZNUSD
Open High Low MZNUSD Price Change
0.016942 0.016942 0.016942 0.016942 0.000000
Entry Signal

MarketClub’s Trade Triangles for MZNUSD

long term up The long term trend has been UP since May 1st, 2018 at 0.016760

intermediate term down The intermediate term trend has been DOWN since Aug 15th, 2018 at 0.017227

short term down The short term trend has been DOWN since Aug 10th, 2018 at 0.017288

Smart Scan Analysis for MZNUSD

Based on a pre-defined weighted trend formula for chart analysis, MZNUSD scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-70
Smart Scan Analysis for MZNUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.016942 0.016942 0.016942 0.016942 0.000000
Prev. Close Volume Bid Ask Time
0.016942 0.016776 0.017109 2018-08-16 17:45:41
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