Chande Trendscore Technical Analysis and Chande Trendscore Signals
Developed by Tushar Chande
This indicator attempts to make a quantitative and qualitative determination of the direction and strength of a market trend by comparing the current close forex price to previous closing forex prices over the last 20 periods.
Chande's Trendscore is an oscillator, oscillating between +10 and -10 with Zero being the midpoint.
Chandes Trendscore
Forex Technical Analysis & Generating FX Signals
Buy Forex Signal
A value of above Zero signify and show an upward trend of varying strength
A value of +10 indicates a strong trending upwards market
Buy Trading Signal
Sell Forex Signal
A value of below Zero indicates a downwards trend of varying strength
A value of? -10 indicates a strong trending downward market
Sell Trading Signal
