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Forex Trend Analysis Report

Prepared for you on Wednesday, October 24, 2018.

Euro/ (FOREX:EURZMW)

Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.

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
13.525 13.525 13.525 13.525 0.000
Entry Signal

MarketClub’s Trade Triangles for EURZMW

long term up The long term trend has been UP since Sep 16th, 2018 at 12.0904

intermediate term up The intermediate term trend has been UP since Aug 24th, 2018 at 11.7100

short term down The short term trend has been DOWN since Oct 21st, 2018 at 13.6810

Smart Scan Analysis for EURZMW

Based on a pre-defined weighted trend formula for chart analysis, EURZMW scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+55
Smart Scan Analysis for EURZMW
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
13.525 13.525 13.525 13.525 0.000
Prev. Close Volume Bid Ask Time
13.525 13.475 13.575 2018-10-21 20:21:06
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