Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Wednesday, July 18, 2018.

Euro/ (FOREX:EURYER)

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.

FOREX_EURYER
Open High Low EURYER Price Change
291.840 291.890 290.585 291.885 +0.045
Entry Signal

MarketClub’s Trade Triangles for EURYER

long term down The long term trend has been DOWN since May 1st, 2018 at 302.045

intermediate term up The intermediate term trend has been UP since Jul 8th, 2018 at 294.475

short term down The short term trend has been DOWN since Jul 18th, 2018 at 291.640

Smart Scan Analysis for EURYER

Based on a pre-defined weighted trend formula for chart analysis, EURYER scored -65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-65
Smart Scan Analysis for EURYER
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
291.840 291.890 290.585 291.885 +0.045
Prev. Close Volume Bid Ask Time
291.840 291.850 291.920 2018-07-18 14:02:21
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