Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Wednesday, September 19, 2018.

Euro/ (FOREX:EURVEF)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term negative trend to resume. Downtrend 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_EURVEF
Open High Low EURVEF Price Change
71.8749 71.8749 71.8745 71.8745 -0.0004
Entry Signal

MarketClub’s Trade Triangles for EURVEF

long term down The long term trend has been DOWN since Aug 20th, 2018 at 80880.0000

intermediate term down The intermediate term trend has been DOWN since Aug 20th, 2018 at 140550.0000

short term up The short term trend has been UP since Sep 17th, 2018 at 69.8961

Smart Scan Analysis for EURVEF

Based on a pre-defined weighted trend formula for chart analysis, EURVEF scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-85
Smart Scan Analysis for EURVEF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
71.8749 71.8749 71.8745 71.8745 -0.0004
Prev. Close Volume Bid Ask Time
71.8749 71.8595 71.8895 2018-09-19 14:49:41
Want to analyze Euro/ EURVEF or another symbol? Try our Free Forex Trend Analysis Report.