Forex Trend Analysis Report
Prepared for you on Monday, January 20, 2020.
US Dollar/Tunisian Dinar (FOREX:USDTND)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term negative trend to resume. Downtrend with 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 USDTND
The long term trend has been DOWN since Jun 7th, 2019 at 2.9800
The intermediate term trend has been DOWN since Dec 18th, 2019 at 2.8344
The short term trend has been UP since Jan 8th, 2020 at 2.7880
Smart Scan Analysis for USDTND
Based on a pre-defined weighted trend formula for chart analysis, USDTND scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).