Forex Trend Analysis Report
Prepared for you on Tuesday, December 11, 2018.
Tunisian Dinar/Swiss Franc (FOREX:TNDCHF)
Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
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 TNDCHF
The long term trend has been DOWN since May 25th, 2018 at 0.38715
The intermediate term trend has been DOWN since Nov 9th, 2018 at 0.34480
The short term trend has been DOWN since Nov 6th, 2018 at 0.34845
Smart Scan Analysis for TNDCHF
Based on a pre-defined weighted trend formula for chart analysis, TNDCHF scored -100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).