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Forex Trend Analysis Report

Prepared for you on Thursday, January 17, 2019.

Euro/Australian Dollar (FOREX:EURAUD)

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_EURAUD
Open High Low EURAUD Price Change
1.589585 1.591890 1.578900 1.582875 -0.006710
Entry Signal

MarketClub’s Trade Triangles for EURAUD

long term up The long term trend has been UP since Jan 1st, 2019 at 1.63565

intermediate term down The intermediate term trend has been DOWN since Jan 13th, 2019 at 1.58810

short term down The short term trend has been DOWN since Jan 9th, 2019 at 1.59858

Smart Scan Analysis for EURAUD

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

-70
Smart Scan Analysis for EURAUD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.589585 1.591890 1.578900 1.582875 -0.006710
Prev. Close Volume Bid Ask Time
1.589585 1.582740 1.583010 2019-01-17 20:55:06
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