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Forex Trend Analysis Report

Prepared for you on Monday, February 17, 2020.

US Dollar/Euro (FOREX:USDEUR)

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.

FOREX_USDEUR
Open High Low USDEUR Price Change
0.9226900 0.9230630 0.9222965 0.9226700 -0.0000200
Entry Signal

MarketClub’s Trade Triangles for USDEUR

long term up The long term trend has been UP since Feb 7th, 2020 at 0.910590

intermediate term up The intermediate term trend has been UP since Jan 20th, 2020 at 0.902030

short term up The short term trend has been UP since Feb 5th, 2020 at 0.906413

Smart Scan Analysis for USDEUR

Based on a pre-defined weighted trend formula for chart analysis, USDEUR scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+90
Smart Scan Analysis for USDEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.9226900 0.9230630 0.9222965 0.9226700 -0.0000200
Prev. Close Volume Bid Ask Time
0.9226900 0.9226400 0.9227000 2020-02-17 02:50:57
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