Forex Trend Analysis Report
Prepared for you on Monday, December 11, 2017.
Tunisian Dinar/US Dollar (FOREX:TNDUSD)
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 TNDUSD
The long term trend has been DOWN since Oct 2nd, 2017 at 0.401015
The intermediate term trend has been UP since Nov 23rd, 2017 at 0.405190
The short term trend has been DOWN since Nov 28th, 2017 at 0.399105
Smart Scan Analysis for TNDUSD
Based on a pre-defined weighted trend formula for chart analysis, TNDUSD scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).