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Forex Trend Analysis Report

Prepared for you on Friday, April 26, 2019.

US Dollar/Special Drawing Right (FOREX:USDSDR)

Smart Scan Chart Analysis indicates that the upward trend for this market is at a crossroads and has possibly ended. Look for choppy trading conditions in the near term Trading Range 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_USDSDR
Open High Low USDSDR Price Change
0.72103 0.72103 0.72103 0.72103 0.00000
Entry Signal

MarketClub’s Trade Triangles for USDSDR

long term down The long term trend has been DOWN since Jan 9th, 2019 at 0.71446

intermediate term up The intermediate term trend has been UP since Mar 21st, 2019 at 0.71874

short term up The short term trend has been UP since Mar 21st, 2019 at 0.71863

Smart Scan Analysis for USDSDR

Based on a pre-defined weighted trend formula for chart analysis, USDSDR scored +50 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+50
Smart Scan Analysis for USDSDR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.72103 0.72103 0.72103 0.72103 0.00000
Prev. Close Volume Bid Ask Time
0.72231 0.72103 0.72103 2019-04-23 08:48:33
Want to analyze US Dollar/Special Drawing Right USDSDR or another symbol? Try our Free Forex Trend Analysis Report.