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Forex Trend Analysis Report

Prepared for you on Monday, February 18, 2019.

Algerian Dinar/Euro (FOREX:DZDEUR)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with 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_DZDEUR
Open High Low DZDEUR Price Change
0.007439 0.007444 0.007436 0.007444 +0.000005
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 Jan 24th, 2019 at 0.007447

short term down The short term trend has been DOWN since Feb 12th, 2019 at 0.007422

Smart Scan Analysis for DZDEUR

Based on a pre-defined weighted trend formula for chart analysis, DZDEUR scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+85
Smart Scan Analysis for DZDEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.007439 0.007444 0.007436 0.007444 +0.000005
Prev. Close Volume Bid Ask Time
0.007439 0.007416 0.007472 2019-02-18 06:15:11
Want to analyze Algerian Dinar/Euro DZDEUR or another symbol? Try our Free Forex Trend Analysis Report.