Forex Trend Analysis Report
Prepared for you on Thursday, April 26, 2018.
Cuban Peso/US Dollar (FOREX:CUPUSD)
Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend 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 CUPUSD
The long term trend has been UP since Feb 15th, 2018 at 1.001720
The intermediate term trend has been DOWN since Apr 1st, 2018 at 1.005070
The short term trend has been DOWN since Apr 1st, 2018 at 1.004675
Smart Scan Analysis for CUPUSD
Based on a pre-defined weighted trend formula for chart analysis, CUPUSD scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).