Forex Trend Analysis Report
Prepared for you on Wednesday, October 17, 2018.
Trinidad and Tobago Dollar/US Dollar (FOREX:TTDUSD)
Smart Scan Chart Analysis indicates that the upward trend for this market is at a crossroads and has possibly ended. Look for choppy trading conditions in the near term Trading Range 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 TTDUSD
The long term trend has been DOWN since Sep 16th, 2018 at 0.14751
The intermediate term trend has been UP since Oct 2nd, 2018 at 0.14874
The short term trend has been UP since Oct 2nd, 2018 at 0.14874
Smart Scan Analysis for TTDUSD
Based on a pre-defined weighted trend formula for chart analysis, TTDUSD scored +50 on a scale from -100 (strong downtrend) to +100 (strong uptrend).