Forex Trend Analysis Report
Prepared for you on Sunday, August 18, 2019.
US Dollar/ (FOREX:USDSTN)
Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
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 USDSTN
The long term trend has been DOWN since Jul 1st, 2019 at 21.650
The intermediate term trend has been DOWN since Aug 7th, 2019 at 21.875
The short term trend has been DOWN since Aug 7th, 2019 at 22.015
Smart Scan Analysis for USDSTN
Based on a pre-defined weighted trend formula for chart analysis, USDSTN scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).