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Forex Trend Analysis Report

Prepared for you on Thursday, November 23, 2017.

/US Dollar (FOREX:VEFUSD)

Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.

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_VEFUSD
Open High Low VEFUSD Price Change
0.094115 0.094115 0.091885 0.091885 -0.002230
Entry Signal

MarketClub’s Trade Triangles for VEFUSD

long term up The long term trend has been UP since Nov 16th, 2017 at 0.10015

intermediate term up The intermediate term trend has been UP since Nov 16th, 2017 at 0.10015

short term down The short term trend has been DOWN since Nov 16th, 2017 at 0.09827

Smart Scan Analysis for VEFUSD

Based on a pre-defined weighted trend formula for chart analysis, VEFUSD scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+55
Smart Scan Analysis for VEFUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.094115 0.094115 0.091885 0.091885 -0.002230
Prev. Close Volume Bid Ask Time
0.094115 0.091850 0.091920 2017-11-22 13:17:41
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