Forex Trend Analysis Report
Prepared for you on Thursday, December 13, 2018.
US Dollar/ (FOREX:USDSDG)
Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. Strong Uptrend 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 USDSDG
The long term trend has been UP since Sep 16th, 2018 at 18.178
The intermediate term trend has been UP since Oct 18th, 2018 at 18.128
The short term trend has been UP since Dec 11th, 2018 at 47.847
Smart Scan Analysis for USDSDG
Based on a pre-defined weighted trend formula for chart analysis, USDSDG scored +100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).