Forex Trend Analysis Report
Prepared for you on Thursday, March 21, 2019.
Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. 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.
MarketClub’s Trade Triangles for EURBTN
The long term trend has been DOWN since Dec 2nd, 2018 at 79.377
The intermediate term trend has been DOWN since Feb 10th, 2019 at 80.713
The short term trend has been DOWN since Mar 5th, 2019 at 80.464
Smart Scan Analysis for EURBTN
Based on a pre-defined weighted trend formula for chart analysis, EURBTN scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).