Forex Trend Analysis Report
Prepared for you on Friday, April 19, 2019.
US Dollar/Trinidad and Tobago Dollar (FOREX:USDTTD)
Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend Very 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 USDTTD
The long term trend has been UP since Jan 2nd, 2019 at 6.83115
The intermediate term trend has been UP since Apr 5th, 2019 at 6.84015
The short term trend has been DOWN since Apr 8th, 2019 at 6.78140
Smart Scan Analysis for USDTTD
Based on a pre-defined weighted trend formula for chart analysis, USDTTD scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).