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Forex Trend Analysis Report

Prepared for you on Thursday, October 17, 2019.

Algerian Dinar/Euro (FOREX:DZDEUR)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very 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_DZDEUR
Open High Low DZDEUR Price Change
0.00753545 0.00754181 0.00750356 0.00751574 -0.00002000
Entry Signal

MarketClub’s Trade Triangles for DZDEUR

long term up The long term trend has been UP since Jul 23rd, 2019 at 0.007504

intermediate term down The intermediate term trend has been DOWN since Oct 16th, 2019 at 0.007547

short term down The short term trend has been DOWN since Oct 11th, 2019 at 0.007570

Smart Scan Analysis for DZDEUR

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

-70
Smart Scan Analysis for DZDEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00753545 0.00754181 0.00750356 0.00751574 -0.00002000
Prev. Close Volume Bid Ask Time
0.00753545 0.00748750 0.00754398 2019-10-17 18:24:12
Want to analyze Algerian Dinar/Euro DZDEUR or another symbol? Try our Free Forex Trend Analysis Report.