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Forex Trend Analysis Report

Prepared for you on Thursday, January 23, 2020.

Algerian Dinar/Euro (FOREX:DZDEUR)

Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with 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
0.00754136 0.00754272 0.00753272 0.00753914 -0.00000200
Entry Signal

MarketClub’s Trade Triangles for DZDEUR

long term down The long term trend has been DOWN since Dec 30th, 2019 at 0.00747328

intermediate term up The intermediate term trend has been UP since Jan 20th, 2020 at 0.00753772

short term up The short term trend has been UP since Jan 17th, 2020 at 0.00752762

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
0.00754136 0.00754272 0.00753272 0.00753914 -0.00000200
Prev. Close Volume Bid Ask Time
0.00754136 0.00751072 0.00756756 2020-01-23 06:57:38
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