Forex Trend Analysis Report
Prepared for you on Sunday, January 20, 2019.
Netherlands Antillian Guilder/US Dollar (FOREX:ANGUSD)
Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend Very 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.
MarketClub’s Trade Triangles for ANGUSD
The long term trend has been UP since Jan 9th, 2019 at 0.567750
The intermediate term trend has been UP since Jan 3rd, 2019 at 0.565125
The short term trend has been DOWN since Jan 10th, 2019 at 0.564105
Smart Scan Analysis for ANGUSD
Based on a pre-defined weighted trend formula for chart analysis, ANGUSD scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).