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Forex Trend Analysis Report

Prepared for you on Saturday, December 16, 2017.

US Dollar/ (FOREX:USDRON)

Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight 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_USDRON
Open High Low USDRON Price Change
3.9310 3.9388 3.9231 3.9375 +0.0065
Entry Signal

MarketClub’s Trade Triangles for USDRON

long term up The long term trend has been UP since Nov 7th, 2017 at 3.97380

intermediate term down The intermediate term trend has been DOWN since Nov 24th, 2017 at 3.90815

short term down The short term trend has been DOWN since Dec 13th, 2017 at 3.92255

Smart Scan Analysis for USDRON

Based on a pre-defined weighted trend formula for chart analysis, USDRON scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+60
Smart Scan Analysis for USDRON
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.9310 3.9388 3.9231 3.9375 +0.0065
Prev. Close Volume Bid Ask Time
3.9310 3.9350 3.9400 2017-12-15 15:57:45
Want to analyze US Dollar/ USDRON or another symbol? Try our Free Forex Trend Analysis Report.