Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Wednesday, August 15, 2018.

Euro/ (FOREX:EURZMW)

Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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_EURZMW
Open High Low EURZMW Price Change
11.492 11.492 11.492 11.492 0.000
Entry Signal

MarketClub’s Trade Triangles for EURZMW

long term down The long term trend has been DOWN since Apr 1st, 2018 at 11.9973

intermediate term down The intermediate term trend has been DOWN since Aug 13th, 2018 at 11.4760

short term down The short term trend has been DOWN since Aug 13th, 2018 at 11.5390

Smart Scan Analysis for EURZMW

Based on a pre-defined weighted trend formula for chart analysis, EURZMW scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-90
Smart Scan Analysis for EURZMW
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
11.492 11.492 11.492 11.492 0.000
Prev. Close Volume Bid Ask Time
11.492 11.442 11.542 2018-08-14 21:13:13
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