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Forex Trend Analysis Report

Prepared for you on Wednesday, July 18, 2018.


Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend 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 USDRON Price Change
3.99090 4.01365 3.98800 3.99690 +0.00600
Entry Signal

MarketClub’s Trade Triangles for USDRON

long term up The long term trend has been UP since May 2nd, 2018 at 3.86509

intermediate term down The intermediate term trend has been DOWN since Jul 9th, 2018 at 3.96285

short term up The short term trend has been UP since Jul 18th, 2018 at 3.99200

Smart Scan Analysis for USDRON

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

Smart Scan Analysis for USDRON
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.99090 4.01365 3.98800 3.99690 +0.00600
Prev. Close Volume Bid Ask Time
3.99090 3.99190 4.00190 2018-07-18 20:14:42
Want to analyze US Dollar/ USDRON or another symbol? Try our Free Forex Trend Analysis Report.