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Forex Trend Analysis Report

Prepared for you on Wednesday, October 18, 2017.

US Dollar/Iraqi Dinar (FOREX:USDIQD)

Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down 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_USDIQD
Open High Low USDIQD Price Change
1167.75 1167.75 1167.75 1167.75 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 down The intermediate term trend has been DOWN since Sep 28th, 2017 at 1182.5

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 -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-55
Smart Scan Analysis for USDIQD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1167.75 1167.75 1167.75 1167.75 0.00
Prev. Close Volume Bid Ask Time
1183.5 1142.30 1193.20 2017-10-16 21:22:59
Want to analyze US Dollar/Iraqi Dinar USDIQD or another symbol? Try our Free Forex Trend Analysis Report.