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Forex Trend Analysis Report

Prepared for you on Friday, October 19, 2018.

US Dollar/ (FOREX:USDGYD)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term negative trend to resume. Downtrend 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_USDGYD
Open High Low USDGYD Price Change
210.29 210.29 210.29 210.29 0.00
Entry Signal

MarketClub’s Trade Triangles for USDGYD

long term down The long term trend has been DOWN since Oct 8th, 2018 at 207.21

intermediate term down The intermediate term trend has been DOWN since Sep 30th, 2018 at 208.56

short term up The short term trend has been UP since Oct 18th, 2018 at 208.64

Smart Scan Analysis for USDGYD

Based on a pre-defined weighted trend formula for chart analysis, USDGYD scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-85
Smart Scan Analysis for USDGYD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
210.29 210.29 210.29 210.29 0.00
Prev. Close Volume Bid Ask Time
210.29 201.56 219.02 2018-10-18 21:29:51
Want to analyze US Dollar/ USDGYD or another symbol? Try our Free Forex Trend Analysis Report.