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Forex Trend Analysis Report

Prepared for you on Wednesday, November 13, 2019.

US Dollar/ (FOREX:USDKGS)

Smart Scan Chart Analysis indicates that the upward trend for this market is at a crossroads and has possibly ended. Look for choppy trading conditions in the near term Trading Range 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_USDKGS
Open High Low USDKGS Price Change
69.8141 69.8141 69.8141 69.8141 0.0000
Entry Signal

MarketClub’s Trade Triangles for USDKGS

long term down The long term trend has been DOWN since Apr 19th, 2019 at 69.7000

intermediate term up The intermediate term trend has been UP since Oct 21st, 2019 at 69.6656

short term up The short term trend has been UP since Oct 22nd, 2019 at 69.7973

Smart Scan Analysis for USDKGS

Based on a pre-defined weighted trend formula for chart analysis, USDKGS scored +50 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+50
Smart Scan Analysis for USDKGS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
69.8141 69.8141 69.8141 69.8141 0.0000
Prev. Close Volume Bid Ask Time
69.8469 69.8141 69.8141 2019-11-04 06:56:03
Want to analyze US Dollar/ USDKGS or another symbol? Try our Free Forex Trend Analysis Report.