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Forex Trend Analysis Report

Prepared for you on Thursday, March 21, 2019.

US Dollar/ (FOREX:USDRSD)

Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight 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
103.10 103.28 103.06 103.14 +0.04
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 down The intermediate term trend has been DOWN since Mar 20th, 2019 at 103.3900

short term down The short term trend has been DOWN since Mar 12th, 2019 at 104.7300

Smart Scan Analysis for USDRSD

Based on a pre-defined weighted trend formula for chart analysis, USDRSD scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-60
Smart Scan Analysis for USDRSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
103.10 103.28 103.06 103.14 +0.04
Prev. Close Volume Bid Ask Time
103.1 102.64 103.64 2019-03-21 01:25:13
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