Forex Trend Analysis Report
Prepared for you on Thursday, January 18, 2018.
Euro/Tunisian Dinar (FOREX:EURTND)
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 EURTND
The long term trend has been UP since Mar 27th, 2017 at 2.4935
The intermediate term trend has been UP since Dec 26th, 2017 at 2.9848
The short term trend has been DOWN since Jan 18th, 2018 at 2.9457
Smart Scan Analysis for EURTND
Based on a pre-defined weighted trend formula for chart analysis, EURTND scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).