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Forex Trend Analysis Report

Prepared for you on Sunday, February 16, 2020.

Euro/Iraqi Dinar (FOREX:EURIQD)

Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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_EURIQD
Open High Low EURIQD Price Change
1293.76 1293.76 1293.76 1293.76 0.00
Entry Signal

MarketClub’s Trade Triangles for EURIQD

long term down The long term trend has been DOWN since Feb 9th, 2020 at 1312.05

intermediate term down The intermediate term trend has been DOWN since Jan 22nd, 2020 at 1324.31

short term down The short term trend has been DOWN since Feb 5th, 2020 at 1317.64

Smart Scan Analysis for EURIQD

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

-100
Smart Scan Analysis for EURIQD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1293.76 1293.76 1293.76 1293.76 0.00
Prev. Close Volume Bid Ask Time
1293.76 1263.76 1323.76 2020-02-14 07:18:51
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