Forex Trend Analysis Report
Prepared for you on Thursday, March 22, 2018.
US Dollar/ (FOREX:USDRON)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.
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 USDRON
The long term trend has been DOWN since Jan 2nd, 2018 at 3.85935
The intermediate term trend has been UP since Feb 27th, 2018 at 3.81340
The short term trend has been DOWN since Mar 21st, 2018 at 3.77720
Smart Scan Analysis for USDRON
Based on a pre-defined weighted trend formula for chart analysis, USDRON scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).