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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 indicator

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

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

Sell XAUUSD Signal

 

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