Forex Trend Analysis Report
Prepared for you on Monday, June 24, 2019.
Euro/Netherlands Antillian Guilder (FOREX:EURANG)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with 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.
MarketClub’s Trade Triangles for EURANG
The long term trend has been UP since Jan 31st, 2019 at 2.0605
The intermediate term trend has been UP since Jun 4th, 2019 at 2.1065
The short term trend has been UP since Jun 21st, 2019 at 2.1121
Smart Scan Analysis for EURANG
Based on a pre-defined weighted trend formula for chart analysis, EURANG scored +80 on a scale from -100 (strong downtrend) to +100 (strong uptrend).