Forex Trend Analysis Report
Prepared for you on Sunday, May 27, 2018.
/US Dollar (FOREX:LRDUSD)
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 LRDUSD
The long term trend has been UP since May 25th, 2018 at 0.007955
The intermediate term trend has been UP since May 25th, 2018 at 0.007635
The short term trend has been UP since May 25th, 2018 at 0.007570
Smart Scan Analysis for LRDUSD
Based on a pre-defined weighted trend formula for chart analysis, LRDUSD scored +80 on a scale from -100 (strong downtrend) to +100 (strong uptrend).