Forex Trend Analysis Report
Prepared for you on Monday, September 24, 2018.
Trinidad and Tobago Dollar/British Pound (FOREX:TTDGBP)
Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight 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 TTDGBP
The long term trend has been UP since May 7th, 2018 at 0.108660
The intermediate term trend has been DOWN since Sep 16th, 2018 at 0.114005
The short term trend has been DOWN since Sep 9th, 2018 at 0.114190
Smart Scan Analysis for TTDGBP
Based on a pre-defined weighted trend formula for chart analysis, TTDGBP scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).