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Forex Trend Analysis Report

Prepared for you on Tuesday, January 15, 2019.

Euro/ (FOREX:EURSRD)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with 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_EURSRD
Open High Low EURSRD Price Change
8.566 8.566 8.566 8.566 0.000
Entry Signal

MarketClub’s Trade Triangles for EURSRD

long term up The long term trend has been UP since Jan 11th, 2019 at 8.5175

intermediate term up The intermediate term trend has been UP since Nov 20th, 2018 at 8.4510

short term up The short term trend has been UP since Jan 8th, 2019 at 8.4715

Smart Scan Analysis for EURSRD

Based on a pre-defined weighted trend formula for chart analysis, EURSRD scored +80 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+80
Smart Scan Analysis for EURSRD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
8.566 8.566 8.566 8.566 0.000
Prev. Close Volume Bid Ask Time
8.566 8.496 8.636 2019-01-11 03:59:53
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