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Forex Trend Analysis Report

Prepared for you on Monday, June 24, 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.

Open High Low EURAUD Price Change
1.635675 1.640155 1.634835 1.636810 +0.001135
Entry Signal

MarketClub’s Trade Triangles for EURAUD

long term up The long term trend has been UP since May 9th, 2019 at 1.611750

intermediate term up The intermediate term trend has been UP since Apr 23rd, 2019 at 1.587900

short term down The short term trend has been DOWN since Jun 18th, 2019 at 1.629865

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).

Smart Scan Analysis for EURAUD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.635675 1.640155 1.634835 1.636810 +0.001135
Prev. Close Volume Bid Ask Time
1.635675 1.636500 1.637120 2019-06-24 17:23:46
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