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Forex Trend Analysis Report

Prepared for you on Sunday, August 18, 2019.

Euro/Bahamian Dollar (FOREX:EURBSD)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term negative trend to resume. Downtrend 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_EURBSD
Open High Low EURBSD Price Change
1.1206 1.1206 1.1206 1.1206 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 Jul 9th, 2019 at 1.1207

short term up The short term trend has been UP since Jul 31st, 2019 at 1.1146

Smart Scan Analysis for EURBSD

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

-85
Smart Scan Analysis for EURBSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.1206 1.1206 1.1206 1.1206 0.0000
Prev. Close Volume Bid Ask Time
1.1206 1.1136 1.1276 2019-08-11 20:07:53
Want to analyze Euro/Bahamian Dollar EURBSD or another symbol? Try our Free Forex Trend Analysis Report.