Forex Trend Analysis Report
Prepared for you on Monday, February 17, 2020.
US Dollar/Netherlands Antillian Guilder (FOREX:USDANG)
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 USDANG
The long term trend has been UP since Feb 14th, 2020 at 1.7403766
The intermediate term trend has been UP since Feb 14th, 2020 at 1.6786612
The short term trend has been UP since Feb 10th, 2020 at 1.6448013
Smart Scan Analysis for USDANG
Based on a pre-defined weighted trend formula for chart analysis, USDANG scored +80 on a scale from -100 (strong downtrend) to +100 (strong uptrend).