Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Friday, September 21, 2018.

Euro/ (FOREX:EURSRD)

Smart Scan Chart Analysis indicates that the upward trend for this market is at a crossroads and has possibly ended. Look for choppy trading conditions in the near term Trading Range 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_EURSRD
Open High Low EURSRD Price Change
8.7395 8.7395 8.7395 8.7395 0.0000
Entry Signal

MarketClub’s Trade Triangles for EURSRD

long term down The long term trend has been DOWN since Apr 24th, 2018 at 9.168

intermediate term up The intermediate term trend has been UP since Aug 28th, 2018 at 8.541

short term up The short term trend has been UP since Sep 20th, 2018 at 8.652

Smart Scan Analysis for EURSRD

Based on a pre-defined weighted trend formula for chart analysis, EURSRD scored +50 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+50
Smart Scan Analysis for EURSRD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
8.7395 8.7395 8.7395 8.7395 0.0000
Prev. Close Volume Bid Ask Time
8.7395 8.6680 8.8110 2018-09-21 03:54:53
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