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Forex Trend Analysis Report

Prepared for you on Sunday, August 25, 2019.

US Dollar/ (FOREX:USDRSD)

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_USDRSD
Open High Low USDRSD Price Change
106.510 106.730 105.855 105.900 -0.610
Entry Signal

MarketClub’s Trade Triangles for USDRSD

long term up The long term trend has been UP since May 1st, 2018 at 97.9435

intermediate term up The intermediate term trend has been UP since Jul 23rd, 2019 at 105.2150

short term down The short term trend has been DOWN since Aug 23rd, 2019 at 105.9150

Smart Scan Analysis for USDRSD

Based on a pre-defined weighted trend formula for chart analysis, USDRSD scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+75
Smart Scan Analysis for USDRSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
106.510 106.730 105.855 105.900 -0.610
Prev. Close Volume Bid Ask Time
104.965 105.400 106.400 2019-08-23 18:20:15
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