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Forex Trend Analysis Report

Prepared for you on Thursday, August 17, 2017.

US Dollar/Iraqi Dinar (FOREX:USDIQD)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very 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.

Open High Low USDIQD Price Change
1182.0 1182.5 1182.0 1182.5 +0.5
Entry Signal

MarketClub’s Trade Triangles for USDIQD

long term down The long term trend has been DOWN since May 17th, 2017 at 1163.95

intermediate term up The intermediate term trend has been UP since Jun 29th, 2017 at 1182.50

short term down The short term trend has been DOWN since Jul 25th, 2017 at 1167.10

Smart Scan Analysis for USDIQD

Based on a pre-defined weighted trend formula for chart analysis, USDIQD scored -65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

Smart Scan Analysis for USDIQD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1182.0 1182.5 1182.0 1182.5 +0.5
Prev. Close Volume Bid Ask Time
1167.6 1180.0 1185.0 2017-08-03 15:59:46
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