Forex Trend Analysis Report
Prepared for you on Sunday, February 16, 2020.
Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. Strong Uptrend 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.
MarketClub’s Trade Triangles for EURBYN
The long term trend has been UP since Nov 28th, 2019 at 2.3154
The intermediate term trend has been UP since Feb 3rd, 2020 at 2.3629
The short term trend has been UP since Jan 28th, 2020 at 2.3420
Smart Scan Analysis for EURBYN
Based on a pre-defined weighted trend formula for chart analysis, EURBYN scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).