Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Sunday, August 19, 2018.

Euro/ (FOREX:EURAMD)

Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend 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_EURAMD
Open High Low EURAMD Price Change
551.94 551.94 551.94 551.94 0.00
Entry Signal

MarketClub’s Trade Triangles for EURAMD

long term down The long term trend has been DOWN since May 13th, 2018 at 585.96

intermediate term down The intermediate term trend has been DOWN since Jul 18th, 2018 at 558.17

short term down The short term trend has been DOWN since Aug 5th, 2018 at 559.05

Smart Scan Analysis for EURAMD

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

-90
Smart Scan Analysis for EURAMD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
551.94 551.94 551.94 551.94 0.00
Prev. Close Volume Bid Ask Time
551.94 521.94 581.94 2018-08-14 21:12:54
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