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Forex Trend Analysis Report

Prepared for you on Saturday, July 21, 2018.

Euro/ (FOREX:EURLFX)

Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight 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_EURLFX
Open High Low EURLFX Price Change
2.3446 2.3463 2.3428 2.3432 -0.0014
Entry Signal

MarketClub’s Trade Triangles for EURLFX

long term down The long term trend has been DOWN since May 8th, 2018 at 2.3498

intermediate term up The intermediate term trend has been UP since Jun 14th, 2018 at 2.3341

short term up The short term trend has been UP since Jul 20th, 2018 at 2.3456

Smart Scan Analysis for EURLFX

Based on a pre-defined weighted trend formula for chart analysis, EURLFX scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+60
Smart Scan Analysis for EURLFX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.3446 2.3463 2.3428 2.3432 -0.0014
Prev. Close Volume Bid Ask Time
2.3446 2.3422 2.3442 2018-07-20 17:13:38
Want to analyze Euro/ EURLFX or another symbol? Try our Free Forex Trend Analysis Report.