Forex Trend Analysis Report
Prepared for you on Monday, June 18, 2018.
Euro/Haitian Gourde (FOREX:EURHTG)
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.
MarketClub’s Trade Triangles for EURHTG
The long term trend has been DOWN since May 1st, 2018 at 78.547
The intermediate term trend has been UP since Jun 11th, 2018 at 76.471
The short term trend has been DOWN since Jun 17th, 2018 at 77.897
Smart Scan Analysis for EURHTG
Based on a pre-defined weighted trend formula for chart analysis, EURHTG scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).