Forex Trend Analysis Report
Prepared for you on Thursday, December 13, 2018.
US Dollar/Ukrainian Hryvnia (FOREX:USDUAH)
Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend 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 USDUAH
The long term trend has been UP since Jun 20th, 2018 at 26.4685
The intermediate term trend has been UP since Nov 28th, 2018 at 28.2035
The short term trend has been DOWN since Dec 3rd, 2018 at 28.1695
Smart Scan Analysis for USDUAH
Based on a pre-defined weighted trend formula for chart analysis, USDUAH scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).