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Forex Trend Analysis Report

Prepared for you on Saturday, September 21, 2019.

/US Dollar (FOREX:SHPUSD)

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.

FOREX_SHPUSD
Open High Low SHPUSD Price Change
1.24740 1.24905 1.24740 1.24905 +0.00165
Entry Signal

MarketClub’s Trade Triangles for SHPUSD

long term down The long term trend has been DOWN since May 17th, 2019 at 1.28025

intermediate term up The intermediate term trend has been UP since Aug 28th, 2019 at 1.21610

short term up The short term trend has been UP since Aug 28th, 2019 at 1.21460

Smart Scan Analysis for SHPUSD

Based on a pre-defined weighted trend formula for chart analysis, SHPUSD scored +50 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+50
Smart Scan Analysis for SHPUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.24740 1.24905 1.24740 1.24905 +0.00165
Prev. Close Volume Bid Ask Time
1.24740 1.24880 1.24930 2019-09-20 13:02:32
Want to analyze /US Dollar SHPUSD or another symbol? Try our Free Forex Trend Analysis Report.