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Forex Trend Analysis Report

Prepared for you on Monday, December 11, 2017.

Euro/US Dollar (FOREX:EURUSD)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very tight money management stops.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

FOREX_EURUSD
Open High Low EURUSD Price Change
1.178150 1.178350 1.177885 1.177905 -0.000245
Entry Signal

MarketClub’s Trade Triangles for EURUSD

long term down The long term trend has been DOWN since Nov 7th, 2017 at 1.157785

intermediate term up The intermediate term trend has been UP since Nov 15th, 2017 at 1.183510

short term down The short term trend has been DOWN since Dec 5th, 2017 at 1.183385

Smart Scan Analysis for EURUSD

Based on a pre-defined weighted trend formula for chart analysis, EURUSD scored -65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-65
Smart Scan Analysis for EURUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.178150 1.178350 1.177885 1.177905 -0.000245
Prev. Close Volume Bid Ask Time
1.178150 1.177890 1.177920 2017-12-11 00:37:18
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