Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Monday, December 9, 2019.

Euro/ (FOREX:EURCDF)

Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend 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
1849.82 1849.82 1849.82 1849.82 0.00
Entry Signal

MarketClub’s Trade Triangles for EURCDF

long term down The long term trend has been DOWN since Aug 1st, 2019 at 1839.00

intermediate term up The intermediate term trend has been UP since Oct 17th, 2019 at 1835.90

short term up The short term trend has been UP since Dec 2nd, 2019 at 1833.64

Smart Scan Analysis for EURCDF

Based on a pre-defined weighted trend formula for chart analysis, EURCDF scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+70
Smart Scan Analysis for EURCDF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1849.82 1849.82 1849.82 1849.82 0.00
Prev. Close Volume Bid Ask Time
1849.82 1824.82 1874.82 2019-12-08 20:00:22
Want to analyze Euro/ EURCDF or another symbol? Try our Free Forex Trend Analysis Report.