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Forex Trend Analysis Report

Prepared for you on Sunday, August 19, 2018.

Euro/ (FOREX:EURRON)

Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.

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_EURRON
Open High Low EURRON Price Change
4.65640 4.65925 4.65270 4.65520 -0.00120
Entry Signal

MarketClub’s Trade Triangles for EURRON

long term down The long term trend has been DOWN since May 14th, 2018 at 4.6214

intermediate term up The intermediate term trend has been UP since Aug 13th, 2018 at 4.6607

short term down The short term trend has been DOWN since Aug 15th, 2018 at 4.6541

Smart Scan Analysis for EURRON

Based on a pre-defined weighted trend formula for chart analysis, EURRON scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+55
Smart Scan Analysis for EURRON
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.65640 4.65925 4.65270 4.65520 -0.00120
Prev. Close Volume Bid Ask Time
4.65640 4.65270 4.65770 2018-08-17 18:29:44
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