Forex Trend Analysis Report
Prepared for you on Wednesday, July 17, 2019.
Cuban Peso/US Dollar (FOREX:CUPUSD)
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 CUPUSD
The long term trend has been UP since Jun 23rd, 2019 at 1.007020
The intermediate term trend has been UP since Jun 23rd, 2019 at 1.005890
The short term trend has been DOWN since Jul 16th, 2019 at 1.000385
Smart Scan Analysis for CUPUSD
Based on a pre-defined weighted trend formula for chart analysis, CUPUSD scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).