Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Tuesday, January 21, 2020.

/US Dollar (FOREX:MGAUSD)

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_MGAUSD
Open High Low MGAUSD Price Change
0.00027113 0.00027113 0.00027113 0.00027113 0.00000000
Entry Signal

MarketClub’s Trade Triangles for MGAUSD

long term up The long term trend has been UP since Dec 16th, 2019 at 0.00027294

intermediate term down The intermediate term trend has been DOWN since Jan 6th, 2020 at 0.00027053

short term up The short term trend has been UP since Jan 21st, 2020 at 0.00027104

Smart Scan Analysis for MGAUSD

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

+55
Smart Scan Analysis for MGAUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00027113 0.00027113 0.00027113 0.00027113 0.00000000
Prev. Close Volume Bid Ask Time
0.00027113 0.00026782 0.00027443 2020-01-21 07:17:53
Get a free daily report for /US Dollar (MGAUSD) - Free Trend Analysis Report.