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Forex Trend Analysis Report

Prepared for you on Saturday, May 25, 2019.

Algerian Dinar/Euro (FOREX:DZDEUR)

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_DZDEUR
Open High Low DZDEUR Price Change
0.007472 0.007481 0.007449 0.007461 -0.000011
Entry Signal

MarketClub’s Trade Triangles for DZDEUR

long term up The long term trend has been UP since Nov 8th, 2018 at 0.007427

intermediate term up The intermediate term trend has been UP since Apr 24th, 2019 at 0.007478

short term down The short term trend has been DOWN since May 23rd, 2019 at 0.007477

Smart Scan Analysis for DZDEUR

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

+55
Smart Scan Analysis for DZDEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.007472 0.007481 0.007449 0.007461 -0.000011
Prev. Close Volume Bid Ask Time
0.007472 0.007433 0.007489 2019-05-24 18:03:41
Want to analyze Algerian Dinar/Euro DZDEUR or another symbol? Try our Free Forex Trend Analysis Report.