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Forex Trend Analysis Report

Prepared for you on Sunday, August 18, 2019.

US Dollar/ (FOREX:USDAMD)

Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight 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_USDAMD
Open High Low USDAMD Price Change
477.93 477.93 477.93 477.93 0.00
Entry Signal

MarketClub’s Trade Triangles for USDAMD

long term down The long term trend has been DOWN since May 2nd, 2019 at 481.330

intermediate term up The intermediate term trend has been UP since Aug 15th, 2019 at 477.195

short term up The short term trend has been UP since Aug 15th, 2019 at 476.190

Smart Scan Analysis for USDAMD

Based on a pre-defined weighted trend formula for chart analysis, USDAMD scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+60
Smart Scan Analysis for USDAMD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
477.93 477.93 477.93 477.93 0.00
Prev. Close Volume Bid Ask Time
475.67 450.93 504.93 2019-08-15 21:07:37
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