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Forex Trend Analysis Report

Prepared for you on Tuesday, June 25, 2019.

US Dollar/Algerian Dinar (FOREX:USDDZD)

Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend 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_USDDZD
Open High Low USDDZD Price Change
118.71 118.84 118.59 118.84 +0.13
Entry Signal

MarketClub’s Trade Triangles for USDDZD

long term up The long term trend has been UP since Mar 7th, 2019 at 119.25

intermediate term down The intermediate term trend has been DOWN since Jun 2nd, 2019 at 119.16

short term down The short term trend has been DOWN since Jun 20th, 2019 at 119.24

Smart Scan Analysis for USDDZD

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

-60
Smart Scan Analysis for USDDZD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
118.71 118.84 118.59 118.84 +0.13
Prev. Close Volume Bid Ask Time
118.71 118.40 119.28 2019-06-25 22:43:03
Want to analyze US Dollar/Algerian Dinar USDDZD or another symbol? Try our Free Forex Trend Analysis Report.