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Forex Trend Analysis Report

Prepared for you on Tuesday, March 19, 2019.

Euro/Australian Dollar (FOREX:EURAUD)

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.

FOREX_EURAUD
Open High Low EURAUD Price Change
1.597090 1.600100 1.596035 1.599590 +0.002500
Entry Signal

MarketClub’s Trade Triangles for EURAUD

long term up The long term trend has been UP since Jan 1st, 2019 at 1.63565

intermediate term up The intermediate term trend has been UP since Feb 7th, 2019 at 1.60330

short term down The short term trend has been DOWN since Mar 18th, 2019 at 1.59605

Smart Scan Analysis for EURAUD

Based on a pre-defined weighted trend formula for chart analysis, EURAUD scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+85
Smart Scan Analysis for EURAUD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.597090 1.600100 1.596035 1.599590 +0.002500
Prev. Close Volume Bid Ask Time
1.597090 1.599520 1.599660 2019-03-19 06:25:24
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