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Forex Trend Analysis Report

Prepared for you on Monday, June 24, 2019.

Iraqi Dinar/US Dollar (FOREX:IQDUSD)

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_IQDUSD
Open High Low IQDUSD Price Change
0.000839 0.000839 0.000839 0.000839 0.000000
Entry Signal

MarketClub’s Trade Triangles for IQDUSD

long term up The long term trend has been UP since Jan 9th, 2019 at 0.000845

intermediate term up The intermediate term trend has been UP since Jun 23rd, 2019 at 0.000843

short term up The short term trend has been UP since Jun 19th, 2019 at 0.000838

Smart Scan Analysis for IQDUSD

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

+70
Smart Scan Analysis for IQDUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.000839 0.000839 0.000839 0.000839 0.000000
Prev. Close Volume Bid Ask Time
0.000839 0.000820 0.000857 2019-06-24 08:50:13
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