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Forex Trend Analysis Report

Prepared for you on Thursday, April 26, 2018.

Euro/US Dollar (FOREX:EURUSD)

Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight 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
1.217550 1.218150 1.217145 1.217815 +0.000265
Entry Signal

MarketClub’s Trade Triangles for EURUSD

long term up The long term trend has been UP since Jan 2nd, 2018 at 1.202600

intermediate term down The intermediate term trend has been DOWN since Apr 5th, 2018 at 1.224045

short term down The short term trend has been DOWN since Apr 20th, 2018 at 1.233065

Smart Scan Analysis for EURUSD

Based on a pre-defined weighted trend formula for chart analysis, EURUSD scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-60
Smart Scan Analysis for EURUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.217550 1.218150 1.217145 1.217815 +0.000265
Prev. Close Volume Bid Ask Time
1.217550 1.217800 1.217830 2018-04-26 01:25:22
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