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Forex Trend Analysis Report

Prepared for you on Friday, February 22, 2019.

Euro/ (FOREX:EURCDF)

Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend with tight 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_EURCDF
Open High Low EURCDF Price Change
1867.6 1867.6 1867.6 1867.6 0.0
Entry Signal

MarketClub’s Trade Triangles for EURCDF

long term down The long term trend has been DOWN since May 1st, 2018 at 1962.13

intermediate term down The intermediate term trend has been DOWN since Feb 10th, 2019 at 1869.00

short term up The short term trend has been UP since Feb 18th, 2019 at 1856.50

Smart Scan Analysis for EURCDF

Based on a pre-defined weighted trend formula for chart analysis, EURCDF scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-75
Smart Scan Analysis for EURCDF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1867.6 1867.6 1867.6 1867.6 0.0
Prev. Close Volume Bid Ask Time
1867.6 1842.6 1892.6 2019-02-21 21:03:53
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