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Forex Trend Analysis Report

Prepared for you on Saturday, December 16, 2017.

Euro/Bahamian Dollar (FOREX:EURBSD)

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_EURBSD
Open High Low EURBSD Price Change
1.1739 1.1739 1.1739 1.1739 0.0000
Entry Signal

MarketClub’s Trade Triangles for EURBSD

long term down The long term trend has been DOWN since Oct 27th, 2017 at 1.1645

intermediate term down The intermediate term trend has been DOWN since Nov 22nd, 2017 at 1.1794

short term down The short term trend has been DOWN since Sep 28th, 2017 at 1.1911

Smart Scan Analysis for EURBSD

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

-90
Smart Scan Analysis for EURBSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.1739 1.1739 1.1739 1.1739 0.0000
Prev. Close Volume Bid Ask Time
1.1799 1.1669 1.1809 2017-12-13 19:13:53
Want to analyze Euro/Bahamian Dollar EURBSD or another symbol? Try our Free Forex Trend Analysis Report.