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Forex Trend Analysis Report

Prepared for you on Saturday, April 20, 2019.

Euro/Australian Dollar (FOREX:EURAUD)

Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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
1.5714 1.5714 1.5713 1.5714 0.0000
Entry Signal

MarketClub’s Trade Triangles for EURAUD

long term down The long term trend has been DOWN since Apr 10th, 2019 at 1.57255

intermediate term down The intermediate term trend has been DOWN since Mar 25th, 2019 at 1.58928

short term down The short term trend has been DOWN since Apr 16th, 2019 at 1.57380

Smart Scan Analysis for EURAUD

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

-100
Smart Scan Analysis for EURAUD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.5714 1.5714 1.5713 1.5714 0.0000
Prev. Close Volume Bid Ask Time
1.5714 1.5712 1.5716 2019-04-20 06:17:28
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