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Forex Trend Analysis Report

Prepared for you on Thursday, December 12, 2019.

US Dollar/ (FOREX:USDAMD)

Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. Strong Uptrend 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_USDAMD
Open High Low USDAMD Price Change
478.12943 478.12943 477.66819 477.66819 -0.46124
Entry Signal

MarketClub’s Trade Triangles for USDAMD

long term up The long term trend has been UP since Dec 9th, 2019 at 478.58500

intermediate term up The intermediate term trend has been UP since Nov 24th, 2019 at 478.21135

short term up The short term trend has been UP since Dec 9th, 2019 at 477.94000

Smart Scan Analysis for USDAMD

Based on a pre-defined weighted trend formula for chart analysis, USDAMD scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+90
Smart Scan Analysis for USDAMD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
478.12943 478.12943 477.66819 477.66819 -0.46124
Prev. Close Volume Bid Ask Time
477.97499 450.62118 504.71520 2019-12-10 20:09:08
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