Forex Trend Analysis Report
Prepared for you on Tuesday, January 22, 2019.
US Dollar/ (FOREX:USDAWG)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with 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 USDAWG
The long term trend has been UP since Aug 1st, 2018 at 1.79125
The intermediate term trend has been UP since Jan 18th, 2019 at 1.80025
The short term trend has been UP since Dec 7th, 2018 at 1.80000
Smart Scan Analysis for USDAWG
Based on a pre-defined weighted trend formula for chart analysis, USDAWG scored +80 on a scale from -100 (strong downtrend) to +100 (strong uptrend).