Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Wednesday, November 14, 2018.

Euro/Bulgarian Lev (FOREX:EURBGN)

Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend 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_EURBGN
Open High Low EURBGN Price Change
1.95570 1.95635 1.95520 1.95605 +0.00035
Entry Signal

MarketClub’s Trade Triangles for EURBGN

long term up The long term trend has been UP since Aug 10th, 2018 at 1.96715

intermediate term down The intermediate term trend has been DOWN since Nov 1st, 2018 at 1.95450

short term down The short term trend has been DOWN since Nov 12th, 2018 at 1.95535

Smart Scan Analysis for EURBGN

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

+60
Smart Scan Analysis for EURBGN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.95570 1.95635 1.95520 1.95605 +0.00035
Prev. Close Volume Bid Ask Time
1.95570 1.95190 1.96020 2018-11-14 05:51:46
Want to analyze Euro/Bulgarian Lev EURBGN or another symbol? Try our Free Forex Trend Analysis Report.