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Forex Trend Analysis Report

Prepared for you on Friday, October 20, 2017.

Euro/Ugandan Shilling (FOREX:EURUGX)

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_EURUGX
Open High Low EURUGX Price Change
4291.7 4291.7 4291.7 4291.7 0.0
Entry Signal

MarketClub’s Trade Triangles for EURUGX

long term up The long term trend has been UP since Apr 20th, 2017 at 3877.1

intermediate term up The intermediate term trend has been UP since Oct 11th, 2017 at 4240.5

short term up The short term trend has been UP since Jul 21st, 2017 at 4033.3

Smart Scan Analysis for EURUGX

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

+80
Smart Scan Analysis for EURUGX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4291.7 4291.7 4291.7 4291.7 0.0
Prev. Close Volume Bid Ask Time
4319.1 4246.7 4336.7 2017-10-11 09:29:43
Want to analyze Euro/Ugandan Shilling EURUGX or another symbol? Try our Free Forex Trend Analysis Report.