Forex Trend Analysis Report
Prepared for you on Saturday, February 16, 2019.
US Dollar/ (FOREX:USDGYD)
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 USDGYD
The long term trend has been UP since Jan 2nd, 2019 at 210.615
The intermediate term trend has been UP since Feb 10th, 2019 at 209.315
The short term trend has been DOWN since Feb 12th, 2019 at 209.075
Smart Scan Analysis for USDGYD
Based on a pre-defined weighted trend formula for chart analysis, USDGYD scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).