Forex Trend Analysis Report
Prepared for you on Saturday, December 7, 2019.
/US Dollar (FOREX:UZSUSD)
Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. 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 UZSUSD
The long term trend has been DOWN since Sep 18th, 2018 at 0.00012500
The intermediate term trend has been DOWN since Oct 21st, 2019 at 0.00010600
The short term trend has been DOWN since Dec 3rd, 2019 at 0.00010513
Smart Scan Analysis for UZSUSD
Based on a pre-defined weighted trend formula for chart analysis, UZSUSD scored -100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).