Forex Trend Analysis Report
Prepared for you on Sunday, January 20, 2019.
US Dollar/ (FOREX:USDSTN)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with 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 USDSTN
The long term trend has been UP since Nov 27th, 2018 at 21.685
The intermediate term trend has been UP since Jan 18th, 2019 at 21.505
The short term trend has been UP since Jan 18th, 2019 at 21.500
Smart Scan Analysis for USDSTN
Based on a pre-defined weighted trend formula for chart analysis, USDSTN scored +80 on a scale from -100 (strong downtrend) to +100 (strong uptrend).