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Forex Trend Analysis Report

Prepared for you on Monday, May 1, 2017.

Euro/US Dollar (FOREX:EURUSD)

Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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
1.089615 1.089700 1.089345 1.089480 -0.000135
Entry Signal

MarketClub’s Trade Triangles for EURUSD

long term up The long term trend has been UP since Mar 26th, 2017 at 1.08261

intermediate term up The intermediate term trend has been UP since Apr 23rd, 2017 at 1.07760

short term up The short term trend has been UP since Apr 12th, 2017 at 1.06296

Smart Scan Analysis for EURUSD

Based on a pre-defined weighted trend formula for chart analysis, EURUSD scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+90
Smart Scan Analysis for EURUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.089615 1.089700 1.089345 1.089480 -0.000135
Prev. Close Volume Bid Ask Time
1.089615 1.089450 1.089510 2017-05-01 00:17:01
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