Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Tuesday, October 16, 2018.

US Dollar/ (FOREX:USDAFN)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with 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_USDAFN
Open High Low USDAFN Price Change
75.7120 75.7885 75.7120 75.7885 +0.0765
Entry Signal

MarketClub’s Trade Triangles for USDAFN

long term up The long term trend has been UP since Apr 5th, 2017 at 67.2270

intermediate term up The intermediate term trend has been UP since Aug 9th, 2018 at 73.5275

short term up The short term trend has been UP since Sep 27th, 2018 at 75.9560

Smart Scan Analysis for USDAFN

Based on a pre-defined weighted trend formula for chart analysis, USDAFN scored +80 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+80
Smart Scan Analysis for USDAFN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
75.7120 75.7885 75.7120 75.7885 +0.0765
Prev. Close Volume Bid Ask Time
75.7120 74.9210 76.6560 2018-10-07 21:06:34
Want to analyze US Dollar/ USDAFN or another symbol? Try our Free Forex Trend Analysis Report.