Forex Trend Analysis Report
Prepared for you on Tuesday, September 17, 2019.
Tunisian Dinar/South African Rand (FOREX:TNDZAR)
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 TNDZAR
The long term trend has been UP since May 28th, 2019 at 4.88760
The intermediate term trend has been DOWN since Sep 2nd, 2019 at 5.26745
The short term trend has been UP since Sep 17th, 2019 at 5.13710
Smart Scan Analysis for TNDZAR
Based on a pre-defined weighted trend formula for chart analysis, TNDZAR scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).