Forex Trend Analysis Report
Prepared for you on Thursday, March 22, 2018.
/US Dollar (FOREX:RSDUSD)
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 RSDUSD
The long term trend has been UP since Mar 27th, 2017 at 0.00876
The intermediate term trend has been UP since Jan 12th, 2018 at 0.01018
The short term trend has been UP since Mar 22nd, 2018 at 0.01045
Smart Scan Analysis for RSDUSD
Based on a pre-defined weighted trend formula for chart analysis, RSDUSD scored +80 on a scale from -100 (strong downtrend) to +100 (strong uptrend).