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Forex Trend Analysis Report

Prepared for you on Saturday, January 19, 2019.

US Dollar/Namibian Dollar (FOREX:USDNAD)

Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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_USDNAD
Open High Low USDNAD Price Change
13.88 13.88 13.88 13.88 0.00
Entry Signal

MarketClub’s Trade Triangles for USDNAD

long term down The long term trend has been DOWN since Dec 4th, 2018 at 13.680

intermediate term down The intermediate term trend has been DOWN since Jan 7th, 2019 at 14.330

short term down The short term trend has been DOWN since Dec 28th, 2018 at 14.575

Smart Scan Analysis for USDNAD

Based on a pre-defined weighted trend formula for chart analysis, USDNAD scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-90
Smart Scan Analysis for USDNAD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
13.88 13.88 13.88 13.88 0.00
Prev. Close Volume Bid Ask Time
13.88 13.86 13.90 2019-01-18 03:20:32
Want to analyze US Dollar/Namibian Dollar USDNAD or another symbol? Try our Free Forex Trend Analysis Report.