Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Monday, July 16, 2018.

Euro/Bahamian Dollar (FOREX:EURBSD)

Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend with 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_EURBSD
Open High Low EURBSD Price Change
1.1624 1.1624 1.1624 1.1624 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 Jul 8th, 2018 at 1.1686

short term down The short term trend has been DOWN since Jul 15th, 2018 at 1.1704

Smart Scan Analysis for EURBSD

Based on a pre-defined weighted trend formula for chart analysis, EURBSD scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-75
Smart Scan Analysis for EURBSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.1624 1.1624 1.1624 1.1624 0.0000
Prev. Close Volume Bid Ask Time
1.1624 1.1554 1.1694 2018-07-15 20:25:53
Want to analyze Euro/Bahamian Dollar EURBSD or another symbol? Try our Free Forex Trend Analysis Report.