Forex Trend Analysis Report
Prepared for you on Monday, December 10, 2018.
US Dollar/Netherlands Antillian Guilder (FOREX:USDANG)
Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend with 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 USDANG
The long term trend has been DOWN since Sep 27th, 2018 at 1.78780
The intermediate term trend has been UP since Nov 20th, 2018 at 1.78275
The short term trend has been DOWN since Dec 6th, 2018 at 1.77190
Smart Scan Analysis for USDANG
Based on a pre-defined weighted trend formula for chart analysis, USDANG scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).