Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Thursday, January 17, 2019.

Euro/ (FOREX:EURMVR)

Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend 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_EURMVR
Open High Low EURMVR Price Change
17.6535 17.6535 17.6535 17.6535 0.0000
Entry Signal

MarketClub’s Trade Triangles for EURMVR

long term down The long term trend has been DOWN since May 7th, 2018 at 18.797

intermediate term up The intermediate term trend has been UP since Dec 31st, 2018 at 17.575

short term up The short term trend has been UP since Dec 31st, 2018 at 17.575

Smart Scan Analysis for EURMVR

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

-60
Smart Scan Analysis for EURMVR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
17.6535 17.6535 17.6535 17.6535 0.0000
Prev. Close Volume Bid Ask Time
17.6535 17.5110 17.7960 2019-01-15 18:37:18
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