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Forex Trend Analysis Report

Prepared for you on Monday, December 9, 2019.

Euro/Bahamian Dollar (FOREX:EURBSD)

Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines 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_EURBSD
Open High Low EURBSD Price Change
1.1093 1.1093 1.1093 1.1093 0.0000
Entry Signal

MarketClub’s Trade Triangles for EURBSD

long term down The long term trend has been DOWN since Apr 25th, 2018 at 1.2301

intermediate term down The intermediate term trend has been DOWN since Nov 10th, 2019 at 1.1082

short term up The short term trend has been UP since Dec 3rd, 2019 at 1.1008

Smart Scan Analysis for EURBSD

Based on a pre-defined weighted trend formula for chart analysis, EURBSD scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-55
Smart Scan Analysis for EURBSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.1093 1.1093 1.1093 1.1093 0.0000
Prev. Close Volume Bid Ask Time
1.1093 1.1023 1.1163 2019-12-08 20:00:21
Want to analyze Euro/Bahamian Dollar EURBSD or another symbol? Try our Free Forex Trend Analysis Report.