Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Friday, January 18, 2019.

Euro/ (FOREX:EURMRU)

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_EURMRU
Open High Low EURMRU Price Change
41.965 41.965 41.965 41.965 0.000
Entry Signal

MarketClub’s Trade Triangles for EURMRU

long term down The long term trend has been DOWN since Dec 16th, 2018 at 41.258

intermediate term up The intermediate term trend has been UP since Jan 10th, 2019 at 41.853

short term up The short term trend has been UP since Jan 9th, 2019 at 41.759

Smart Scan Analysis for EURMRU

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

+60
Smart Scan Analysis for EURMRU
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
41.965 41.965 41.965 41.965 0.000
Prev. Close Volume Bid Ask Time
41.965 41.265 42.665 2019-01-14 20:59:17
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