Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Saturday, October 19, 2019.

Euro/ (FOREX:EURAMD)

Smart Scan Chart Analysis indicates that the upward trend for this market is at a crossroads and has possibly ended. Look for choppy trading conditions in the near term Trading Range Mode.

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_EURAMD
Open High Low EURAMD Price Change
530.36 530.36 530.36 530.36 0.00
Entry Signal

MarketClub’s Trade Triangles for EURAMD

long term down The long term trend has been DOWN since May 13th, 2018 at 585.96

intermediate term up The intermediate term trend has been UP since Oct 13th, 2019 at 526.10

short term up The short term trend has been UP since Oct 13th, 2019 at 523.20

Smart Scan Analysis for EURAMD

Based on a pre-defined weighted trend formula for chart analysis, EURAMD scored +50 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+50
Smart Scan Analysis for EURAMD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
530.36 530.36 530.36 530.36 0.00
Prev. Close Volume Bid Ask Time
530.36 500.36 560.36 2019-10-17 20:06:19
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