How To Interprete Trade Triangle Chart Analysis Scores In Swing Trading

Market Club Trade Triangle

MarketClub’s Trade Triangle Chart Analysis Score is a proprietary tool that measures trend strength and direction based on 5 different timing thresholds. This tool takes into account intraday price action, new daily, weekly and monthly highs, and moving averages. This score will dynamically update as new highs/lows occur or intra-day price action wills.

What do the Trade Triangle Chart Analysis Scores mean?

+100 : Strong uptrend is in place and this market will likely remain in a long-term positive direction.
+90 : Positive in long-term. Look for this market to remain firm. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders
+85 : An uptrend is in place. Intraday, intermediate and long-term trends are pointing in a positive direction, while the short-term trend is in a downward direction.
+80 : An uptrend is in place. Although the intraday, daily, weekly and monthly trends are all pointing in a positive direction, the current market action has fallen below the 20 day moving average.
+75 : The market may be in some near-term weakness. This market is still a long-term upward trend with intermediate and longer-term trends pointing to a bull market, but short-term and intraday terms point to a bearish movement. Keep tight money management stops.
+70 : This market remains in the confines of a longer-term uptrend.
+65 : Although the long-term positive trends are strengthening, the intermediate-term could signal the start of a major downtrend. You may want to keep your money management stops tighter than you normally would. You may also want to incorporate an alternative technical analysis study on your short-term chart to confirm the “Trade
Triangle” signals.
+60 : This upward trend may have lost momentum and may be reaching a crossroads. You may see choppy market conditions in the near-term. Trend for the intraday, shortterm, intermediate and long-term are not aligning in a stable direction. This would be a time to move onto the sidelines until a steady trend returns.
+55 : The trend of this market may be moving into a trading range. Trend for the intraday, short-term, intermediate-term and long-term are not aligning in a stable direction. This may be the time to move onto the sidelines until a steady trend returns.
+50/-50 : The trend is at a crossroads, and the momentum is faint if even there at all. Look for near-term choppy trading conditions and consider taking a sidelines position until a steady trend returns.
Trade Triangle
-55 : The trend of this market may be moving into a trading range. Trend for the intraday, short-term intermediate-term an long-term are not aligning in a stable direction. This would be the time to move onto the sidelines until a steady trend returns.
-60 : The downward trend has lost momentum and is reaching a crossroads. You may see choppy market conditions in the near-term. Trend for the intraday, short-term, intermediate-term and long term are not aligning in a stable direction. This would be a time to move onto the sidelines until a steady trend returns.
-65 : Although the long-term negative trend is strengthening, the intermediate-term could signal the start of a major uptrend. You may want to keep your money management stops tighter than you normally would.
-70 : This market may be experiencing some near-term strength. However, this market remains in the confines of a longer-term downtrend.
-75 : This market may be looking at some near-term rallying power. This market is still in a long-term downward trend with intermediate and longer-term trends pointing lower, but short-term and intraday-term pointing to a bull market. Keep tight money management stops.
-80 : A downtrend may be in place. Although the intraday, daily, weekly and monthly trends are all pointing in a negative direction, the market action has moved over the 20 day moving average.
-85 : A downtrend is in place. Intraday, intermediate and long-term trends are pointing in a negative direction, while the short-term trend is in an upward direction.
-90 : This score suggests that a weak downtrend is in place. This market is likely to continue in a downward direction unless new weekly highs are made. Use proper money management stops as this market may change rapidly.
-100 : A strong downtrend is in place and this market will likely remain in a long-term negative direction.

How To Interprete Trade Triangle Chart Analysis Scores In Swing Trading

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