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Forex Trend Analysis Report

Prepared for you on Sunday, February 16, 2020.

/US Dollar (FOREX:XDRUSD)

Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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_XDRUSD
Open High Low XDRUSD Price Change
1.3664893 1.3664893 1.3664893 1.3664893 0.0000000
Entry Signal

MarketClub’s Trade Triangles for XDRUSD

long term down The long term trend has been DOWN since Jan 27th, 2020 at 1.3776044

intermediate term down The intermediate term trend has been DOWN since Jan 27th, 2020 at 1.3776044

short term down The short term trend has been DOWN since Feb 5th, 2020 at 1.3760222

Smart Scan Analysis for XDRUSD

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

-100
Smart Scan Analysis for XDRUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.3664893 1.3664893 1.3664893 1.3664893 0.0000000
Prev. Close Volume Bid Ask Time
1.3675227 1.3664893 1.3664893 2020-02-10 21:01:16
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