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Forex Trend Analysis Report

Prepared for you on Wednesday, January 22, 2020.

Euro/ (FOREX:EURAZN)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very tight 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.

FOREX_EURAZN
Open High Low EURAZN Price Change
1.884 1.884 1.884 1.884 0.000
Entry Signal

MarketClub’s Trade Triangles for EURAZN

long term up The long term trend has been UP since Dec 30th, 2019 at 1.8929

intermediate term down The intermediate term trend has been DOWN since Jan 22nd, 2020 at 1.8883

short term down The short term trend has been DOWN since Jan 10th, 2020 at 1.8896

Smart Scan Analysis for EURAZN

Based on a pre-defined weighted trend formula for chart analysis, EURAZN scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-70
Smart Scan Analysis for EURAZN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.884 1.884 1.884 1.884 0.000
Prev. Close Volume Bid Ask Time
1.884 1.884 1.884 2020-01-22 04:42:49
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