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Forex Trend Analysis Report

Prepared for you on Tuesday, January 21, 2020.

Euro/Iraqi Dinar (FOREX:EURIQD)

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_EURIQD
Open High Low EURIQD Price Change
1324.31 1324.31 1324.31 1324.31 0.00
Entry Signal

MarketClub’s Trade Triangles for EURIQD

long term up The long term trend has been UP since Dec 30th, 2019 at 1332.60

intermediate term up The intermediate term trend has been UP since Dec 17th, 2019 at 1323.23

short term down The short term trend has been DOWN since Jan 3rd, 2020 at 1335.26

Smart Scan Analysis for EURIQD

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

+55
Smart Scan Analysis for EURIQD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1324.31 1324.31 1324.31 1324.31 0.00
Prev. Close Volume Bid Ask Time
1323.43 1294.31 1354.31 2020-01-12 13:08:55
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