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Forex Trend Analysis Report

Prepared for you on Sunday, December 16, 2018.

US Dollar/ (FOREX:USDSBD)

Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend with 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.

FOREX_USDSBD
Open High Low USDSBD Price Change
8.10365 8.10795 8.10365 8.10795 +0.00430
Entry Signal

MarketClub’s Trade Triangles for USDSBD

long term down The long term trend has been DOWN since Nov 20th, 2018 at 4.288665

intermediate term up The intermediate term trend has been UP since Nov 27th, 2018 at 8.222950

short term down The short term trend has been DOWN since Dec 5th, 2018 at 8.168150

Smart Scan Analysis for USDSBD

Based on a pre-defined weighted trend formula for chart analysis, USDSBD scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-75
Smart Scan Analysis for USDSBD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
8.10365 8.10795 8.10365 8.10795 +0.00430
Prev. Close Volume Bid Ask Time
8.10365 7.81250 8.40340 2018-12-14 18:07:55
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