Forex Trend Analysis Report
Prepared for you on Tuesday, January 21, 2020.
Euro/Trinidad and Tobago Dollar (FOREX:EURTTD)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.
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 EURTTD
The long term trend has been UP since Jan 1st, 2020 at 7.5678
The intermediate term trend has been UP since Dec 12th, 2019 at 7.5057
The short term trend has been DOWN since Jan 3rd, 2020 at 7.5321
Smart Scan Analysis for EURTTD
Based on a pre-defined weighted trend formula for chart analysis, EURTTD scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).