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Forex Trend Analysis Report

Prepared for you on Monday, June 26, 2017.

Euro/Ugandan Shilling (FOREX:EURUGX)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend 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.

Open High Low EURUGX Price Change
4003 4003 4003 4003 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 Jun 25th, 2017 at 4033.3

short term down The short term trend has been DOWN since May 29th, 2017 at 4043.7

Smart Scan Analysis for EURUGX

Based on a pre-defined weighted trend formula for chart analysis, EURUGX scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

Smart Scan Analysis for EURUGX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4003 4003 4003 4003 0
Prev. Close Volume Bid Ask Time
4003 3958 4048 2017-06-25 14:07:10
Want to analyze Euro/Ugandan Shilling EURUGX or another symbol? Try our Free Forex Trend Analysis Report.