Forex Trend Analysis Report
Prepared for you on Saturday, January 25, 2020.
US Dollar/ (FOREX:USDSTN)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend 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 USDSTN
The long term trend has been DOWN since Dec 29th, 2019 at 21.938661
The intermediate term trend has been UP since Jan 21st, 2020 at 22.200000
The short term trend has been UP since Jan 3rd, 2020 at 22.075000
Smart Scan Analysis for USDSTN
Based on a pre-defined weighted trend formula for chart analysis, USDSTN scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).