Forex Trend Analysis Report
Prepared for you on Sunday, July 21, 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.
MarketClub’s Trade Triangles for DZDEUR
The long term trend has been DOWN since Jun 24th, 2019 at 0.007386
The intermediate term trend has been UP since Jul 5th, 2019 at 0.007483
The short term trend has been DOWN since Jul 18th, 2019 at 0.007441
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).