Chande’s TrendScore

Written by Miroslav Marinov

Miroslav Marinov

Miroslav Marinov, a financial news editor at TradingPedia, is engaged with observing and reporting on the tendencies in the Foreign Exchange Market, as currently his focus is set on the major currencies of eight developed nations worldwide.

, | Updated: September 15, 2025

Described by Tushar Chande in the September 1993 edition of ‘Stock & Commodities’ magazine, the TrendScore indicator makes both quantitative and qualitative assessments of the direction and strength of a trend. It does so by comparing the current closing price of a trading instrument with the closing prices of the previous 20 periods.

The indicator fluctuates between -10 and +10. A reading of +10 implies that a strong bullish trend is in progress, while a reading of -10 implies that a strong bearish trend is in progress. TrendScore readings above zero indicate a bullish trend of varying strength, whereas readings below zero indicate a bearish trend of varying strength.

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