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Forex Trend Analysis Report

Prepared for you on Friday, June 22, 2018.

Euro/ (FOREX:EURGYD)

Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. 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
241.2 241.2 241.2 241.2 0.0
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 Jun 17th, 2018 at 243.20

short term down The short term trend has been DOWN since Jun 17th, 2018 at 245.22

Smart Scan Analysis for EURGYD

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

-100
Smart Scan Analysis for EURGYD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
241.2 241.2 241.2 241.2 0.0
Prev. Close Volume Bid Ask Time
241.2 231.2 251.2 2018-06-21 20:50:55
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