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Forex Trend Analysis Report

Prepared for you on Sunday, December 10, 2017.

US Dollar/Iraqi Dinar (FOREX:USDIQD)

Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend 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_USDIQD
Open High Low USDIQD Price Change
1192.35 1192.35 1192.35 1192.35 0.00
Entry Signal

MarketClub’s Trade Triangles for USDIQD

long term up The long term trend has been UP since Sep 28th, 2017 at 1183.5

intermediate term up The intermediate term trend has been UP since Dec 2nd, 2017 at 1183.5

short term up The short term trend has been UP since Sep 12th, 2017 at 1182.5

Smart Scan Analysis for USDIQD

Based on a pre-defined weighted trend formula for chart analysis, USDIQD scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+70
Smart Scan Analysis for USDIQD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1192.35 1192.35 1192.35 1192.35 0.00
Prev. Close Volume Bid Ask Time
1188.4 1167.10 1217.60 2017-12-02 03:46:39
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