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.
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MarketClub’s Trade Triangles for MGAUSD
The long term trend has been UP since Dec 16th, 2019 at 0.00027294
The intermediate term trend has been DOWN since Jan 6th, 2020 at 0.00027053
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).
| 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 |