Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Thursday, August 22, 2019.

Australian Dollar/Euro (FOREX:AUDEUR)

Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend 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_AUDEUR
Open High Low AUDEUR Price Change
0.61064 0.61129 0.60900 0.61049 -0.00015
Entry Signal

MarketClub’s Trade Triangles for AUDEUR

long term down The long term trend has been DOWN since May 13th, 2019 at 0.6203

intermediate term down The intermediate term trend has been DOWN since Jul 30th, 2019 at 0.6160

short term down The short term trend has been DOWN since Aug 22nd, 2019 at 0.6094

Smart Scan Analysis for AUDEUR

Based on a pre-defined weighted trend formula for chart analysis, AUDEUR scored -80 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-80
Smart Scan Analysis for AUDEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.61064 0.61129 0.60900 0.61049 -0.00015
Prev. Close Volume Bid Ask Time
0.61064 0.61044 0.61054 2019-08-22 12:03:29
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