Chandes Trendscore XAUUSD Technical Analysis and Chandes Trendscore XAUUSD Signals

Developed by Tushar Chande

This indicator attempts to make a quantitative and qualitative determination of the direction and strength of a market xauusd trend by comparing the current close gold price to previous closing xauusd prices over the last 20 periods.

Chandes Trendscore is an oscillator, oscillating between +10 and -10 with Zero being the midpoint.

Chandes Trendscore

XAUUSD Technical Analysis and Generating XAUUSD Signals

Buy XAUUSD Signal

A value of above Zero indicate an upward xauusd trend of varying strength

A value of +10 indicates a strong trending upward market

Buy XAUUSD Signal

Sell XAUUSD Signal

A value of below Zero indicates a downward xauusd trend of varying strength

A value of -10 indicates a strong trending downward market

Sell XAUUSD Signal