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Forex Trend Analysis Report

Prepared for you on Friday, February 15, 2019.

Euro/British Pound (FOREX:EURGBP)

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_EURGBP
Open High Low EURGBP Price Change
0.882050 0.882050 0.875595 0.875950 -0.006100
Entry Signal

MarketClub’s Trade Triangles for EURGBP

long term down The long term trend has been DOWN since Jan 24th, 2019 at 0.865715

intermediate term down The intermediate term trend has been DOWN since Jan 14th, 2019 at 0.890650

short term up The short term trend has been UP since Jan 29th, 2019 at 0.869450

Smart Scan Analysis for EURGBP

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

-55
Smart Scan Analysis for EURGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.882050 0.882050 0.875595 0.875950 -0.006100
Prev. Close Volume Bid Ask Time
0.882050 0.875800 0.876100 2019-02-15 22:13:09
Want to analyze Euro/British Pound EURGBP or another symbol? Try our Free Forex Trend Analysis Report.