Forex Trend Analysis Report
Prepared for you on Sunday, February 17, 2019.
/US Dollar (FOREX:SDGUSD)
Smart Scan Chart Analysis indicates that the upward trend for this market is at a crossroads and has possibly ended. Look for choppy trading conditions in the near term Trading Range 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 SDGUSD
The long term trend has been DOWN since Sep 16th, 2018 at 0.055010
The intermediate term trend has been UP since Jan 3rd, 2019 at 0.021056
The short term trend has been UP since Feb 12th, 2019 at 0.021003
Smart Scan Analysis for SDGUSD
Based on a pre-defined weighted trend formula for chart analysis, SDGUSD scored +50 on a scale from -100 (strong downtrend) to +100 (strong uptrend).