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Forex Trend Analysis Report

Prepared for you on Wednesday, June 20, 2018.

Australian Dollar/Euro (FOREX:AUDEUR)

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_AUDEUR
Open High Low AUDEUR Price Change
0.63870 0.64018 0.63660 0.63728 -0.00142
Entry Signal

MarketClub’s Trade Triangles for AUDEUR

long term up The long term trend has been UP since May 25th, 2018 at 0.648400

intermediate term down The intermediate term trend has been DOWN since Jun 18th, 2018 at 0.637800

short term down The short term trend has been DOWN since Jun 13th, 2018 at 0.643585

Smart Scan Analysis for AUDEUR

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

-60
Smart Scan Analysis for AUDEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.63870 0.64018 0.63660 0.63728 -0.00142
Prev. Close Volume Bid Ask Time
0.63870 0.63723 0.63733 2018-06-20 13:14:06
Want to analyze Australian Dollar/Euro AUDEUR or another symbol? Try our Free Forex Trend Analysis Report.