Forex Trend Analysis Report
Prepared for you on Wednesday, January 23, 2019.
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.
MarketClub’s Trade Triangles for EURGHS
The long term trend has been UP since Sep 24th, 2018 at 5.6632
The intermediate term trend has been UP since Jan 7th, 2019 at 5.5961
The short term trend has been DOWN since Jan 21st, 2019 at 5.5957
Smart Scan Analysis for EURGHS
Based on a pre-defined weighted trend formula for chart analysis, EURGHS scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).