Forex Trend Analysis Report
Prepared for you on Thursday, September 20, 2018.
US Dollar/ (FOREX:USDSLL)
Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very 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 USDSLL
The long term trend has been UP since Aug 13th, 2018 at 7705
The intermediate term trend has been DOWN since Sep 14th, 2018 at 8500
The short term trend has been DOWN since Aug 22nd, 2018 at 8550
Smart Scan Analysis for USDSLL
Based on a pre-defined weighted trend formula for chart analysis, USDSLL scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).