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Forex Trend Analysis Report

Prepared for you on Tuesday, August 21, 2018.

US Dollar/ (FOREX:USDAMD)

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.

FOREX_USDAMD
Open High Low USDAMD Price Change
480.175 480.175 480.175 480.175 0.000
Entry Signal

MarketClub’s Trade Triangles for USDAMD

long term down The long term trend has been DOWN since Jul 15th, 2018 at 479.140

intermediate term up The intermediate term trend has been UP since Aug 9th, 2018 at 483.860

short term down The short term trend has been DOWN since Aug 19th, 2018 at 482.695

Smart Scan Analysis for USDAMD

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

-75
Smart Scan Analysis for USDAMD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
480.175 480.175 480.175 480.175 0.000
Prev. Close Volume Bid Ask Time
480.175 454.070 506.280 2018-08-20 21:20:22
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