Forex Trend Analysis Report
Prepared for you on Thursday, October 19, 2017.
Euro/Ukrainian Hryvnia (FOREX:EURUAH)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend 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.
MarketClub’s Trade Triangles for EURUAH
The long term trend has been UP since Jan 13th, 2017 at 29.1164
The intermediate term trend has been UP since Oct 11th, 2017 at 31.3165
The short term trend has been UP since Jun 29th, 2017 at 29.3844
Smart Scan Analysis for EURUAH
Based on a pre-defined weighted trend formula for chart analysis, EURUAH scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).