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Forex Trend Analysis Report

Prepared for you on Tuesday, October 16, 2018.

US Dollar/Algerian Dinar (FOREX:USDDZD)

Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines 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_USDDZD
Open High Low USDDZD Price Change
118.460 118.465 118.115 118.200 -0.260
Entry Signal

MarketClub’s Trade Triangles for USDDZD

long term up The long term trend has been UP since Aug 10th, 2017 at 109.755

intermediate term up The intermediate term trend has been UP since Oct 3rd, 2018 at 118.755

short term down The short term trend has been DOWN since Oct 9th, 2018 at 118.260

Smart Scan Analysis for USDDZD

Based on a pre-defined weighted trend formula for chart analysis, USDDZD scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+55
Smart Scan Analysis for USDDZD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
118.460 118.465 118.115 118.200 -0.260
Prev. Close Volume Bid Ask Time
118.460 117.770 118.630 2018-10-16 21:31:27
Want to analyze US Dollar/Algerian Dinar USDDZD or another symbol? Try our Free Forex Trend Analysis Report.