Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Wednesday, October 17, 2018.

Euro/British Pound (FOREX:EURGBP)

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_EURGBP
Open High Low EURGBP Price Change
0.877665 0.880400 0.876580 0.877880 +0.000215
Entry Signal

MarketClub’s Trade Triangles for EURGBP

long term down The long term trend has been DOWN since Oct 5th, 2018 at 0.880025

intermediate term down The intermediate term trend has been DOWN since Sep 10th, 2018 at 0.891975

short term up The short term trend has been UP since Oct 12th, 2018 at 0.879055

Smart Scan Analysis for EURGBP

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

-75
Smart Scan Analysis for EURGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.877665 0.880400 0.876580 0.877880 +0.000215
Prev. Close Volume Bid Ask Time
0.877665 0.877810 0.877950 2018-10-17 21:00:42
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