Forex Trend Analysis Report
Prepared for you on Wednesday, August 15, 2018.
Euro/Tunisian Dinar (FOREX:EURTND)
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 EURTND
The long term trend has been UP since Mar 27th, 2017 at 2.4935
The intermediate term trend has been UP since May 7th, 2018 at 3.0315
The short term trend has been DOWN since Aug 10th, 2018 at 3.1217
Smart Scan Analysis for EURTND
Based on a pre-defined weighted trend formula for chart analysis, EURTND scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).