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Forex Trend Analysis Report

Prepared for you on Thursday, September 20, 2018.

Euro/Bahamian Dollar (FOREX:EURBSD)

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_EURBSD
Open High Low EURBSD Price Change
1.1683 1.1683 1.1683 1.1683 0.0000
Entry Signal

MarketClub’s Trade Triangles for EURBSD

long term down The long term trend has been DOWN since Apr 25th, 2018 at 1.2301

intermediate term up The intermediate term trend has been UP since Aug 30th, 2018 at 1.1595

short term up The short term trend has been UP since Sep 16th, 2018 at 1.1628

Smart Scan Analysis for EURBSD

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

-60
Smart Scan Analysis for EURBSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.1683 1.1683 1.1683 1.1683 0.0000
Prev. Close Volume Bid Ask Time
1.1683 1.1613 1.1753 2018-09-18 21:15:33
Want to analyze Euro/Bahamian Dollar EURBSD or another symbol? Try our Free Forex Trend Analysis Report.