Forex Trend Analysis Report
Prepared for you on Monday, September 24, 2018.
Tunisian Dinar/US Dollar (FOREX:TNDUSD)
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 TNDUSD
The long term trend has been DOWN since May 2nd, 2018 at 0.399990
The intermediate term trend has been DOWN since Apr 5th, 2018 at 0.408765
The short term trend has been DOWN since Sep 24th, 2018 at 0.358785
Smart Scan Analysis for TNDUSD
Based on a pre-defined weighted trend formula for chart analysis, TNDUSD scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).