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Forex Trend Analysis Report

Prepared for you on Wednesday, October 17, 2018.

Euro/ (FOREX:EURGYD)

Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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_EURGYD
Open High Low EURGYD Price Change
237.06 237.06 237.06 237.06 0.00
Entry Signal

MarketClub’s Trade Triangles for EURGYD

long term down The long term trend has been DOWN since May 13th, 2018 at 252.31

intermediate term down The intermediate term trend has been DOWN since Sep 30th, 2018 at 241.83

short term down The short term trend has been DOWN since Sep 27th, 2018 at 245.41

Smart Scan Analysis for EURGYD

Based on a pre-defined weighted trend formula for chart analysis, EURGYD scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-90
Smart Scan Analysis for EURGYD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
237.06 237.06 237.06 237.06 0.00
Prev. Close Volume Bid Ask Time
237.06 227.06 247.06 2018-10-09 21:28:03
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