Forex Trend Analysis Report
Prepared for you on Thursday, August 22, 2019.
/US Dollar (FOREX:SDGUSD)
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 SDGUSD
The long term trend has been UP since Apr 28th, 2019 at 0.021181
The intermediate term trend has been UP since Jun 23rd, 2019 at 0.022278
The short term trend has been UP since Aug 4th, 2019 at 0.022164
Smart Scan Analysis for SDGUSD
Based on a pre-defined weighted trend formula for chart analysis, SDGUSD scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).