Analyze Symbol
Forex Trend Analysis Report
Prepared for you on Wednesday, July 17, 2019.
Euro/US Dollar (FOREX:EURUSD)
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 EURUSD
The long term trend has been DOWN since May 1st, 2018 at 1.20642
The intermediate term trend has been UP since Jun 4th, 2019 at 1.12625
The short term trend has been DOWN since Jul 16th, 2019 at 1.12405
Smart Scan Analysis for EURUSD
Based on a pre-defined weighted trend formula for chart analysis, EURUSD scored -65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.121050 | 1.122150 | 1.119995 | 1.121925 | +0.000875 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.121050 | 1.121900 | 1.121950 | 2019-07-17 09:25:39 |