Analyze Symbol
Forex Trend Analysis Report
Prepared for you on Wednesday, January 29, 2020.
Euro/ (FOREX:EURBTN)
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.
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MarketClub’s Trade Triangles for EURBTN
The long term trend has been UP since Aug 15th, 2019 at 79.1770
The intermediate term trend has been DOWN since Jan 12th, 2020 at 78.9135
The short term trend has been DOWN since Jan 8th, 2020 at 79.9405
Smart Scan Analysis for EURBTN
Based on a pre-defined weighted trend formula for chart analysis, EURBTN scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 78.5194 | 78.5194 | 78.5194 | 78.5194 | 0.0000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 78.5194 | 77.5194 | 79.5194 | 2020-01-28 21:00:47 |