Forex Trend Analysis Report
Prepared for you on Thursday, March 21, 2019.
Euro/Trinidad and Tobago Dollar (FOREX:EURTTD)
Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend 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 EURTTD
The long term trend has been DOWN since Apr 29th, 2018 at 8.2004
The intermediate term trend has been DOWN since Feb 10th, 2019 at 7.7050
The short term trend has been UP since Mar 20th, 2019 at 7.6785
Smart Scan Analysis for EURTTD
Based on a pre-defined weighted trend formula for chart analysis, EURTTD scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).