Forex Trend Analysis Report
Prepared for you on Monday, June 17, 2019.
Trinidad and Tobago Dollar/ (FOREX:TTDSRD)
Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very 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 TTDSRD
The long term trend has been UP since May 20th, 2019 at 1.096
The intermediate term trend has been DOWN since May 24th, 2019 at 1.093
The short term trend has been DOWN since May 24th, 2019 at 1.093
Smart Scan Analysis for TTDSRD
Based on a pre-defined weighted trend formula for chart analysis, TTDSRD scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).