Forex Trend Analysis Report
Prepared for you on Tuesday, December 11, 2018.
/US Dollar (FOREX:SDGUSD)
Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.
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 SDGUSD
The long term trend has been DOWN since Sep 16th, 2018 at 0.055010
The intermediate term trend has been DOWN since Oct 18th, 2018 at 0.055164
The short term trend has been UP since Dec 6th, 2018 at 0.021036
Smart Scan Analysis for SDGUSD
Based on a pre-defined weighted trend formula for chart analysis, SDGUSD scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).