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Forex Trend Analysis Report

Prepared for you on Friday, December 15, 2017.

Euro/Ugandan Shilling (FOREX:EURUGX)

Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines 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_EURUGX
Open High Low EURUGX Price Change
4253.2 4253.2 4253.2 4253.2 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 down The intermediate term trend has been DOWN since Dec 13th, 2017 at 4323.5

short term up The short term trend has been UP since Dec 1st, 2017 at 4261.6

Smart Scan Analysis for EURUGX

Based on a pre-defined weighted trend formula for chart analysis, EURUGX scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+55
Smart Scan Analysis for EURUGX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4253.2 4253.2 4253.2 4253.2 0.0
Prev. Close Volume Bid Ask Time
4270 4208.2 4298.2 2017-12-13 19:13:50
Want to analyze Euro/Ugandan Shilling EURUGX or another symbol? Try our Free Forex Trend Analysis Report.