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Forex Trend Analysis Report

Prepared for you on Tuesday, October 23, 2018.

Australian Dollar/Euro (FOREX:AUDEUR)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very tight 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
0.61667 0.61800 0.61544 0.61777 +0.00110
Entry Signal

MarketClub’s Trade Triangles for AUDEUR

long term down The long term trend has been DOWN since Aug 29th, 2018 at 0.623300

intermediate term down The intermediate term trend has been DOWN since Oct 5th, 2018 at 0.611560

short term down The short term trend has been DOWN since Oct 21st, 2018 at 0.616615

Smart Scan Analysis for AUDEUR

Based on a pre-defined weighted trend formula for chart analysis, AUDEUR scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-70
Smart Scan Analysis for AUDEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.61667 0.61800 0.61544 0.61777 +0.00110
Prev. Close Volume Bid Ask Time
0.61667 0.61772 0.61782 2018-10-23 16:25:43
Want to analyze Australian Dollar/Euro AUDEUR or another symbol? Try our Free Forex Trend Analysis Report.