Forex Trend Analysis Report
Prepared for you on Friday, January 17, 2020.
Tunisian Dinar/US Dollar (FOREX:TNDUSD)
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 TNDUSD
The long term trend has been UP since Jun 3rd, 2019 at 0.33568500
The intermediate term trend has been UP since Dec 18th, 2019 at 0.35280863
The short term trend has been DOWN since Jan 8th, 2020 at 0.35868010
Smart Scan Analysis for TNDUSD
Based on a pre-defined weighted trend formula for chart analysis, TNDUSD scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).