Forex Trend Analysis Report
Prepared for you on Friday, March 23, 2018.
US Dollar/Netherlands Antillian Guilder (FOREX:USDANG)
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 USDANG
The long term trend has been DOWN since Mar 12th, 2018 at 1.7851
The intermediate term trend has been UP since Dec 17th, 2017 at 1.7906
The short term trend has been DOWN since Mar 12th, 2018 at 1.7851
Smart Scan Analysis for USDANG
Based on a pre-defined weighted trend formula for chart analysis, USDANG scored -65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).