Analyze Symbol
Forex Trend Analysis Report
Prepared for you on Wednesday, January 22, 2020.
Euro/ (FOREX:EURCDF)
Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. 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.
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MarketClub’s Trade Triangles for EURCDF
The long term trend has been UP since Dec 12th, 2019 at 1852.42
The intermediate term trend has been UP since Oct 17th, 2019 at 1835.90
The short term trend has been UP since Jan 21st, 2020 at 1875.26
Smart Scan Analysis for EURCDF
Based on a pre-defined weighted trend formula for chart analysis, EURCDF scored +100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1877.4 | 1877.4 | 1877.4 | 1877.4 | 0.0 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1877.4 | 1852.4 | 1902.4 | 2020-01-21 21:00:32 |