Forex Trend Analysis Report
Prepared for you on Sunday, December 16, 2018.
Euro/Ukrainian Hryvnia (FOREX:EURUAH)
Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend Very 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 Aug 19th, 2018 at 31.7279
The intermediate term trend has been UP since Dec 2nd, 2018 at 31.7470
The short term trend has been DOWN since Dec 6th, 2018 at 31.9300
Smart Scan Analysis for EURUAH
Based on a pre-defined weighted trend formula for chart analysis, EURUAH scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).