Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Wednesday, September 18, 2019.

Euro/Algerian Dinar (FOREX:EURDZD)

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_EURDZD
Open High Low EURDZD Price Change
132.62 132.69 132.44 132.69 +0.07
Entry Signal

MarketClub’s Trade Triangles for EURDZD

long term down The long term trend has been DOWN since Jul 23rd, 2019 at 133.26

intermediate term down The intermediate term trend has been DOWN since Jul 5th, 2019 at 133.63

short term down The short term trend has been DOWN since Sep 17th, 2019 at 132.23

Smart Scan Analysis for EURDZD

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

-70
Smart Scan Analysis for EURDZD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
132.62 132.69 132.44 132.69 +0.07
Prev. Close Volume Bid Ask Time
132.62 132.19 133.19 2019-09-18 06:54:17
Want to analyze Euro/Algerian Dinar EURDZD or another symbol? Try our Free Forex Trend Analysis Report.