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Forex Trend Analysis Report

Prepared for you on Wednesday, December 12, 2018.

US Dollar/ (FOREX:USDYER)

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_USDYER
Open High Low USDYER Price Change
250.325 250.350 250.325 250.325 0.000
Entry Signal

MarketClub’s Trade Triangles for USDYER

long term down The long term trend has been DOWN since Oct 23rd, 2018 at 249.925

intermediate term down The intermediate term trend has been DOWN since Dec 5th, 2018 at 250.300

short term up The short term trend has been UP since Dec 11th, 2018 at 250.325

Smart Scan Analysis for USDYER

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

-75
Smart Scan Analysis for USDYER
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
250.325 250.350 250.325 250.325 0.000
Prev. Close Volume Bid Ask Time
250.325 249.800 250.850 2018-12-11 17:59:50
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