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Forex Trend Analysis Report

Prepared for you on Wednesday, December 19, 2018.

/Euro (FOREX:RSDEUR)

Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend 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.

FOREX_RSDEUR
Open High Low RSDEUR Price Change
0.00845 0.00845 0.00845 0.00845 0.00000
Entry Signal

MarketClub’s Trade Triangles for RSDEUR

long term down The long term trend has been DOWN since Sep 11th, 2018 at 0.00845

intermediate term up The intermediate term trend has been UP since Nov 12th, 2018 at 0.00845

short term up The short term trend has been UP since Sep 21st, 2018 at 0.00845

Smart Scan Analysis for RSDEUR

Based on a pre-defined weighted trend formula for chart analysis, RSDEUR scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-60
Smart Scan Analysis for RSDEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00845 0.00845 0.00845 0.00845 0.00000
Prev. Close Volume Bid Ask Time
0.00845 0.00840 0.00850 2018-12-12 12:48:44
Want to analyze /Euro RSDEUR or another symbol? Try our Free Forex Trend Analysis Report.