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Forex Trend Analysis Report

Prepared for you on Wednesday, January 23, 2019.

Euro/ (FOREX:EURGHS)

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_EURGHS
Open High Low EURGHS Price Change
5.5785 5.5785 5.5785 5.5785 0.0000
Entry Signal

MarketClub’s Trade Triangles for EURGHS

long term up The long term trend has been UP since Sep 24th, 2018 at 5.6632

intermediate term up The intermediate term trend has been UP since Jan 7th, 2019 at 5.5961

short term down 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).

+75
Smart Scan Analysis for EURGHS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
5.5785 5.5785 5.5785 5.5785 0.0000
Prev. Close Volume Bid Ask Time
5.5785 5.5535 5.6035 2019-01-22 21:00:24
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