Forex Trend Analysis Report
Prepared for you on Thursday, December 13, 2018.
US Dollar/ (FOREX:USDGYD)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend 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 USDGYD
The long term trend has been DOWN since Oct 8th, 2018 at 207.21
The intermediate term trend has been UP since Nov 20th, 2018 at 209.79
The short term trend has been UP since Dec 11th, 2018 at 209.21
Smart Scan Analysis for USDGYD
Based on a pre-defined weighted trend formula for chart analysis, USDGYD scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).