Forex Trend Analysis Report
Prepared for you on Friday, February 22, 2019.
US Dollar/ (FOREX:USDKMF)
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 USDKMF
The long term trend has been UP since Aug 13th, 2018 at 426.4
The intermediate term trend has been UP since Feb 8th, 2019 at 433.3
The short term trend has been UP since Feb 8th, 2019 at 430.3
Smart Scan Analysis for USDKMF
Based on a pre-defined weighted trend formula for chart analysis, USDKMF scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).