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Forex Trend Analysis Report

Prepared for you on Sunday, June 17, 2018.

Euro/ (FOREX:EURCNH)

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_EURCNH
Open High Low EURCNH Price Change
7.471700 7.474205 7.457150 7.474005 +0.002305
Entry Signal

MarketClub’s Trade Triangles for EURCNH

long term down The long term trend has been DOWN since Mar 1st, 2018 at 7.717705

intermediate term up The intermediate term trend has been UP since Jun 10th, 2018 at 7.556645

short term down The short term trend has been DOWN since Jun 13th, 2018 at 7.514400

Smart Scan Analysis for EURCNH

Based on a pre-defined weighted trend formula for chart analysis, EURCNH scored -65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-65
Smart Scan Analysis for EURCNH
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
7.471700 7.474205 7.457150 7.474005 +0.002305
Prev. Close Volume Bid Ask Time
7.471700 7.473200 7.474810 2018-06-17 23:35:00
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