Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Sunday, August 19, 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
7.8180 7.8240 7.8124 7.8137 -0.0043
Entry Signal

MarketClub’s Trade Triangles for EURCNH

long term up The long term trend has been UP since Jul 2nd, 2018 at 7.78808

intermediate term down The intermediate term trend has been DOWN since Aug 12th, 2018 at 7.82550

short term down The short term trend has been DOWN since Aug 16th, 2018 at 7.82035

Smart Scan Analysis for EURCNH

Based on a pre-defined weighted trend formula for chart analysis, EURCNH scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-70
Smart Scan Analysis for EURCNH
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
7.8180 7.8240 7.8124 7.8137 -0.0043
Prev. Close Volume Bid Ask Time
7.8180 7.8030 7.8244 2018-08-19 15:06:24
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