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Forex Trend Analysis Report

Prepared for you on Sunday, August 19, 2018.

Australian Dollar/Euro (FOREX:AUDEUR)

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_AUDEUR
Open High Low AUDEUR Price Change
0.639060 0.639680 0.638490 0.639575 +0.000515
Entry Signal

MarketClub’s Trade Triangles for AUDEUR

long term up The long term trend has been UP since May 25th, 2018 at 0.64840

intermediate term up The intermediate term trend has been UP since Aug 3rd, 2018 at 0.63825

short term down The short term trend has been DOWN since Aug 10th, 2018 at 0.63815

Smart Scan Analysis for AUDEUR

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

+85
Smart Scan Analysis for AUDEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.639060 0.639680 0.638490 0.639575 +0.000515
Prev. Close Volume Bid Ask Time
0.639060 0.639350 0.639800 2018-08-19 17:22:12
Want to analyze Australian Dollar/Euro AUDEUR or another symbol? Try our Free Forex Trend Analysis Report.