Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Thursday, May 23, 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
0.616360 0.618100 0.616200 0.617105 +0.000745
Entry Signal

MarketClub’s Trade Triangles for AUDEUR

long term down The long term trend has been DOWN since May 13th, 2019 at 0.620300

intermediate term down The intermediate term trend has been DOWN since Apr 23rd, 2019 at 0.629700

short term up The short term trend has been UP since May 19th, 2019 at 0.619235

Smart Scan Analysis for AUDEUR

Based on a pre-defined weighted trend formula for chart analysis, AUDEUR scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-75
Smart Scan Analysis for AUDEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.616360 0.618100 0.616200 0.617105 +0.000745
Prev. Close Volume Bid Ask Time
0.616360 0.617000 0.617210 2019-05-23 19:19:25
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