Analyze Symbol
Forex Trend Analysis Report
Prepared for you on Tuesday, March 19, 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.
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MarketClub’s Trade Triangles for EURDZD
The long term trend has been DOWN since Nov 8th, 2018 at 134.65
The intermediate term trend has been DOWN since Jan 24th, 2019 at 134.28
The short term trend has been UP since Mar 19th, 2019 at 134.89
Smart Scan Analysis for EURDZD
Based on a pre-defined weighted trend formula for chart analysis, EURDZD scored -65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 134.79 | 134.92 | 134.76 | 134.83 | +0.04 |
| Prev. Close | Volume | Bid | Ask | Time |
| 134.79 | 134.33 | 135.33 | 2019-03-19 22:30:37 |