Forex Trend Analysis Report
Prepared for you on Tuesday, January 16, 2018.
/US Dollar (FOREX:GYDUSD)
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 GYDUSD
The long term trend has been UP since Sep 28th, 2017 at 0.00483
The intermediate term trend has been UP since Dec 13th, 2017 at 0.00482
The short term trend has been UP since Dec 13th, 2017 at 0.00482
Smart Scan Analysis for GYDUSD
Based on a pre-defined weighted trend formula for chart analysis, GYDUSD scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).