Forex Trend Analysis Report
Prepared for you on Monday, October 22, 2018.
Netherlands Antillian Guilder/US Dollar (FOREX:ANGUSD)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with 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.
MarketClub’s Trade Triangles for ANGUSD
The long term trend has been UP since Sep 27th, 2018 at 0.559660
The intermediate term trend has been UP since Sep 27th, 2018 at 0.544200
The short term trend has been UP since Oct 21st, 2018 at 0.565505
Smart Scan Analysis for ANGUSD
Based on a pre-defined weighted trend formula for chart analysis, ANGUSD scored +80 on a scale from -100 (strong downtrend) to +100 (strong uptrend).