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Forex Trend Analysis Report

Prepared for you on Saturday, January 18, 2020.

US Dollar/ (FOREX:USDRSD)

Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down 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_USDRSD
Open High Low USDRSD Price Change
105.590 106.010 105.485 106.010 +0.420
Entry Signal

MarketClub’s Trade Triangles for USDRSD

long term down The long term trend has been DOWN since Dec 12th, 2019 at 105.07425

intermediate term down The intermediate term trend has been DOWN since Dec 4th, 2019 at 105.86500

short term up The short term trend has been UP since Jan 17th, 2020 at 105.85000

Smart Scan Analysis for USDRSD

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

-55
Smart Scan Analysis for USDRSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
105.590 106.010 105.485 106.010 +0.420
Prev. Close Volume Bid Ask Time
105.590 105.510 106.510 2020-01-17 17:08:36
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