Forex Trend Analysis Report
Prepared for you on Friday, December 15, 2017.
Sudanese Dinar/US Dollar (FOREX:SDDUSD)
Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very 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 SDDUSD
The long term trend has been DOWN since Nov 20th, 2017 at 0.00150
The intermediate term trend has been UP since Dec 11th, 2017 at 0.00149
The short term trend has been DOWN since Nov 20th, 2017 at 0.00150
Smart Scan Analysis for SDDUSD
Based on a pre-defined weighted trend formula for chart analysis, SDDUSD scored -65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).