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Forex Trend Analysis Report

Prepared for you on Tuesday, January 21, 2020.

/US Dollar (FOREX:LRDUSD)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very 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_LRDUSD
Open High Low LRDUSD Price Change
0.00522071 0.00522071 0.00519413 0.00519413 -0.00002700
Entry Signal

MarketClub’s Trade Triangles for LRDUSD

long term up The long term trend has been UP since Nov 14th, 2019 at 0.00493000

intermediate term down The intermediate term trend has been DOWN since Jan 6th, 2020 at 0.00531573

short term down The short term trend has been DOWN since Jan 3rd, 2020 at 0.00531930

Smart Scan Analysis for LRDUSD

Based on a pre-defined weighted trend formula for chart analysis, LRDUSD scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-70
Smart Scan Analysis for LRDUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00522071 0.00522071 0.00519413 0.00519413 -0.00002700
Prev. Close Volume Bid Ask Time
0.00522071 0.00519346 0.00519481 2020-01-20 13:01:11
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