Forex Trend Analysis Report
Prepared for you on Monday, December 11, 2017.
Cuban Peso/US Dollar (FOREX:CUPUSD)
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 CUPUSD
The long term trend has been UP since Dec 4th, 2017 at 1.00092
The intermediate term trend has been UP since Dec 4th, 2017 at 0.99680
The short term trend has been UP since Dec 4th, 2017 at 1.00048
Smart Scan Analysis for CUPUSD
Based on a pre-defined weighted trend formula for chart analysis, CUPUSD scored +80 on a scale from -100 (strong downtrend) to +100 (strong uptrend).