Forex Trend Analysis Report
Prepared for you on Saturday, September 22, 2018.
Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight 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 EURYER
The long term trend has been DOWN since May 1st, 2018 at 302.045
The intermediate term trend has been UP since Aug 26th, 2018 at 291.300
The short term trend has been UP since Sep 12th, 2018 at 291.425
Smart Scan Analysis for EURYER
Based on a pre-defined weighted trend formula for chart analysis, EURYER scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).