Forex Trend Analysis Report
Prepared for you on Sunday, August 18, 2019.
Trinidad and Tobago Dollar/ (FOREX:TTDSRD)
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 TTDSRD
The long term trend has been UP since May 20th, 2019 at 1.096
The intermediate term trend has been UP since Aug 5th, 2019 at 1.093
The short term trend has been UP since Aug 5th, 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).