Chandes Trendscore Technical Analysis & Chandes Trendscore Signals
Developed and Created by Tushar Chande
This indicator attempts to make a quantitative/quantifiable and qualitative assessment of the direction and the strength of a market trend by comparing the current closing price to the previous closing prices over the last 20 periods.
Chandes Trendscore is an oscillator technical indicator, oscillating between +10 and -10 with Zero being the midpoint.
Chande Trendscore
FX Technical Analysis & Generating Signals
Buy Trading Signal
A value of above Zero signify and show an upwards trend of varying momentum
A value of +10 reflects a strong trending upwards market
Buy Trading Signal
Sell Signal
A value of below Zero demonstrates a downwards trend of varying force
A value of -10 indicates a strong trending downwards market
Sell Signal
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