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Forex Trend Analysis Report

Prepared for you on Wednesday, January 22, 2020.

Euro/ (FOREX:EURSRD)

Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with 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_EURSRD
Open High Low EURSRD Price Change
8.2825 8.2825 8.2825 8.2825 0.0000
Entry Signal

MarketClub’s Trade Triangles for EURSRD

long term up The long term trend has been UP since Nov 4th, 2019 at 8.2935

intermediate term up The intermediate term trend has been UP since Dec 6th, 2019 at 8.2645

short term up The short term trend has been UP since Jan 1st, 2020 at 8.3105

Smart Scan Analysis for EURSRD

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

+70
Smart Scan Analysis for EURSRD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
8.2825 8.2825 8.2825 8.2825 0.0000
Prev. Close Volume Bid Ask Time
8.2825 8.1960 8.3690 2020-01-08 23:56:13
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