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Forex Trend Analysis Report

Prepared for you on Friday, March 22, 2019.

/US Dollar (FOREX:AMDUSD)

Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight 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_AMDUSD
Open High Low AMDUSD Price Change
0.002060 0.002060 0.002060 0.002060 0.000000
Entry Signal

MarketClub’s Trade Triangles for AMDUSD

long term down The long term trend has been DOWN since Feb 10th, 2019 at 0.002046

intermediate term up The intermediate term trend has been UP since Mar 20th, 2019 at 0.002059

short term up The short term trend has been UP since Mar 10th, 2019 at 0.002044

Smart Scan Analysis for AMDUSD

Based on a pre-defined weighted trend formula for chart analysis, AMDUSD scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-60
Smart Scan Analysis for AMDUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.002060 0.002060 0.002060 0.002060 0.000000
Prev. Close Volume Bid Ask Time
0.002060 0.001949 0.002172 2019-03-21 22:06:11
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