Forex Trend Analysis Report
Prepared for you on Saturday, January 25, 2020.
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with 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.
MarketClub’s Trade Triangles for EURAOA
The long term trend has been UP since Mar 28th, 2017 at 185.3865
The intermediate term trend has been UP since Jan 6th, 2020 at 511.5210
The short term trend has been UP since Jan 20th, 2020 at 540.2065
Smart Scan Analysis for EURAOA
Based on a pre-defined weighted trend formula for chart analysis, EURAOA scored +80 on a scale from -100 (strong downtrend) to +100 (strong uptrend).