Forex Trend Analysis Report
Prepared for you on Friday, August 18, 2017.
Cuban Peso/US Dollar (FOREX:CUPUSD)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with 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 3rd, 2017 at 1.005365
The intermediate term trend has been UP since Aug 17th, 2017 at 1.001310
The short term trend has been UP since Aug 17th, 2017 at 1.001445
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).