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Forex Trend Analysis Report

Prepared for you on Tuesday, January 21, 2020.

Euro/Netherlands Antillian Guilder (FOREX:EURANG)

Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. 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_EURANG
Open High Low EURANG Price Change
1.8614 1.8614 1.8614 1.8614 0.0000
Entry Signal

MarketClub’s Trade Triangles for EURANG

long term down The long term trend has been DOWN since Jul 9th, 2019 at 2.0665

intermediate term down The intermediate term trend has been DOWN since Dec 18th, 2019 at 1.8914

short term down The short term trend has been DOWN since Jan 3rd, 2020 at 1.8846

Smart Scan Analysis for EURANG

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

-100
Smart Scan Analysis for EURANG
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.8614 1.8614 1.8614 1.8614 0.0000
Prev. Close Volume Bid Ask Time
1.8614 1.8114 1.9114 2020-01-20 02:16:59
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