Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Friday, January 18, 2019.

Euro/ (FOREX:EURGBX)

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_EURGBX
Open High Low EURGBX Price Change
87.830 88.235 87.825 88.105 +0.275
Entry Signal

MarketClub’s Trade Triangles for EURGBX

long term up The long term trend has been UP since Dec 10th, 2018 at 90.490

intermediate term down The intermediate term trend has been DOWN since Jan 14th, 2019 at 89.285

short term down The short term trend has been DOWN since Jan 11th, 2019 at 89.510

Smart Scan Analysis for EURGBX

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

-70
Smart Scan Analysis for EURGBX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
87.830 88.235 87.825 88.105 +0.275
Prev. Close Volume Bid Ask Time
87.830 88.090 88.120 2019-01-18 13:08:50
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