Forex Trend Analysis Report
Prepared for you on Thursday, January 17, 2019.
US Dollar/Cuban Peso (FOREX:USDCUP)
Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
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 USDCUP
The long term trend has been DOWN since Jan 9th, 2019 at 0.992450
The intermediate term trend has been DOWN since Jan 3rd, 2019 at 0.997355
The short term trend has been DOWN since Jan 14th, 2019 at 0.999650
Smart Scan Analysis for USDCUP
Based on a pre-defined weighted trend formula for chart analysis, USDCUP scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).