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Forex Trend Analysis Report

Prepared for you on Saturday, December 7, 2019.

US Dollar/ (FOREX:USDMZN)

Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with tight money management 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_USDMZN
Open High Low USDMZN Price Change
64.055 64.055 64.055 64.055 0.000
Entry Signal

MarketClub’s Trade Triangles for USDMZN

long term up The long term trend has been UP since Oct 17th, 2019 at 62.205

intermediate term up The intermediate term trend has been UP since Nov 18th, 2019 at 63.075

short term up The short term trend has been UP since Nov 18th, 2019 at 63.075

Smart Scan Analysis for USDMZN

Based on a pre-defined weighted trend formula for chart analysis, USDMZN scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+70
Smart Scan Analysis for USDMZN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
64.055 64.055 64.055 64.055 0.000
Prev. Close Volume Bid Ask Time
63.965 63.430 64.680 2019-12-05 04:42:42
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