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Forex Trend Analysis Report

Prepared for you on Sunday, January 19, 2020.

US Dollar/ (FOREX:USDMGA)

Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with 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_USDMGA
Open High Low USDMGA Price Change
3715 3715 3715 3715 0
Entry Signal

MarketClub’s Trade Triangles for USDMGA

long term down The long term trend has been DOWN since Dec 9th, 2019 at 3625.0000

intermediate term up The intermediate term trend has been UP since Jan 6th, 2020 at 3697.0383

short term up The short term trend has been UP since Jan 6th, 2020 at 3694.1262

Smart Scan Analysis for USDMGA

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

+70
Smart Scan Analysis for USDMGA
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3715 3715 3715 3715 0
Prev. Close Volume Bid Ask Time
3715 3680 3750 2020-01-14 09:25:40
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