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Forex Trend Analysis Report

Prepared for you on Monday, February 17, 2020.

US Dollar/ (FOREX:USDAMD)

Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.

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
478.51985 478.51985 478.51985 478.51985 0.00000
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 Jan 16th, 2020 at 480.09934

short term down The short term trend has been DOWN since Feb 11th, 2020 at 478.53428

Smart Scan Analysis for USDAMD

Based on a pre-defined weighted trend formula for chart analysis, USDAMD scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+55
Smart Scan Analysis for USDAMD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
478.51985 478.51985 478.51985 478.51985 0.00000
Prev. Close Volume Bid Ask Time
478.51985 450.83627 506.20343 2020-02-16 21:04:29
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