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Forex Trend Analysis Report

Prepared for you on Wednesday, June 19, 2019.

US Dollar/ (FOREX:USDTMT)

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_USDTMT
Open High Low USDTMT Price Change
3.505 3.505 3.505 3.505 0.000
Entry Signal

MarketClub’s Trade Triangles for USDTMT

long term up The long term trend has been UP since Jul 17th, 2018 at 3.510

intermediate term down The intermediate term trend has been DOWN since May 24th, 2019 at 3.505

short term down The short term trend has been DOWN since May 24th, 2019 at 3.505

Smart Scan Analysis for USDTMT

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

-60
Smart Scan Analysis for USDTMT
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.505 3.505 3.505 3.505 0.000
Prev. Close Volume Bid Ask Time
3.505 3.410 3.600 2019-06-18 10:52:10
Want to analyze US Dollar/ USDTMT or another symbol? Try our Free Forex Trend Analysis Report.