Forex Trend Analysis Report
Prepared for you on Monday, February 18, 2019.
Trinidad and Tobago Dollar/US Dollar (FOREX:TTDUSD)
Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend 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 TTDUSD
The long term trend has been DOWN since Jan 2nd, 2019 at 0.14644
The intermediate term trend has been DOWN since Jan 31st, 2019 at 0.14684
The short term trend has been UP since Feb 6th, 2019 at 0.14756
Smart Scan Analysis for TTDUSD
Based on a pre-defined weighted trend formula for chart analysis, TTDUSD scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).