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Forex Trend Analysis Report

Prepared for you on Sunday, March 24, 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
63.375 63.375 63.375 63.375 0.000
Entry Signal

MarketClub’s Trade Triangles for USDMZN

long term up The long term trend has been UP since Sep 24th, 2018 at 59.580

intermediate term up The intermediate term trend has been UP since Jan 11th, 2019 at 61.520

short term up The short term trend has been UP since Jan 11th, 2019 at 61.575

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
63.375 63.375 63.375 63.375 0.000
Prev. Close Volume Bid Ask Time
63.375 62.770 63.980 2019-03-22 07:30:12
Want to analyze US Dollar/ USDMZN or another symbol? Try our Free Forex Trend Analysis Report.