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Forex Trend Analysis Report

Prepared for you on Thursday, August 17, 2017.

Euro/US Dollar (FOREX:EURUSD)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with 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
1.178485 1.178490 1.177505 1.177845 -0.000640
Entry Signal

MarketClub’s Trade Triangles for EURUSD

long term up The long term trend has been UP since Mar 26th, 2017 at 1.082610

intermediate term up The intermediate term trend has been UP since Apr 23rd, 2017 at 1.077600

short term down The short term trend has been DOWN since Aug 15th, 2017 at 1.174995

Smart Scan Analysis for EURUSD

Based on a pre-defined weighted trend formula for chart analysis, EURUSD scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+85
Smart Scan Analysis for EURUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.178485 1.178490 1.177505 1.177845 -0.000640
Prev. Close Volume Bid Ask Time
1.178485 1.177820 1.177870 2017-08-17 01:47:49
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