Forex Trend Analysis Report
Prepared for you on Saturday, December 15, 2018.
US Dollar/Algerian Dinar (FOREX:USDDZD)
Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. Strong Uptrend 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.
MarketClub’s Trade Triangles for USDDZD
The long term trend has been UP since Aug 10th, 2017 at 109.755
The intermediate term trend has been UP since Dec 11th, 2018 at 119.090
The short term trend has been UP since Dec 11th, 2018 at 118.670
Smart Scan Analysis for USDDZD
Based on a pre-defined weighted trend formula for chart analysis, USDDZD scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).