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Forex Trend Analysis Report

Prepared for you on Sunday, August 19, 2018.

Euro/ (FOREX:EURMVR)

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.

FOREX_EURMVR
Open High Low EURMVR Price Change
17.6050 17.6050 17.5795 17.5795 -0.0255
Entry Signal

MarketClub’s Trade Triangles for EURMVR

long term down The long term trend has been DOWN since May 7th, 2018 at 18.7970

intermediate term down The intermediate term trend has been DOWN since Aug 2nd, 2018 at 17.9195

short term up The short term trend has been UP since Aug 16th, 2018 at 17.5535

Smart Scan Analysis for EURMVR

Based on a pre-defined weighted trend formula for chart analysis, EURMVR scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-75
Smart Scan Analysis for EURMVR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
17.6050 17.6050 17.5795 17.5795 -0.0255
Prev. Close Volume Bid Ask Time
17.6050 17.3010 17.8580 2018-08-16 17:44:39
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