Forex Trend Analysis Report
Prepared for you on Friday, October 20, 2017.
Tunisian Dinar/US Dollar (FOREX:TNDUSD)
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 TNDUSD
The long term trend has been DOWN since Oct 2nd, 2017 at 0.401015
The intermediate term trend has been DOWN since Aug 22nd, 2017 at 0.406670
The short term trend has been DOWN since Oct 16th, 2017 at 0.401255
Smart Scan Analysis for TNDUSD
Based on a pre-defined weighted trend formula for chart analysis, TNDUSD scored -100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).