Forex Trend Analysis Report
Prepared for you on Sunday, January 19, 2020.
Euro/Tunisian Dinar (FOREX:EURTND)
Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend with 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 EURTND
The long term trend has been DOWN since Jun 2nd, 2019 at 3.3364
The intermediate term trend has been DOWN since Dec 29th, 2019 at 3.1408
The short term trend has been UP since Jan 8th, 2020 at 3.1290
Smart Scan Analysis for EURTND
Based on a pre-defined weighted trend formula for chart analysis, EURTND scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).