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Forex Trend Analysis Report

Prepared for you on Thursday, May 23, 2019.

Euro/ (FOREX:EURGHS)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with 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
5.8191 5.8191 5.8191 5.8191 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 May 22nd, 2019 at 5.7915

short term up The short term trend has been UP since May 22nd, 2019 at 5.7767

Smart Scan Analysis for EURGHS

Based on a pre-defined weighted trend formula for chart analysis, EURGHS scored +80 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+80
Smart Scan Analysis for EURGHS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
5.8191 5.8191 5.8191 5.8191 0.0000
Prev. Close Volume Bid Ask Time
5.8191 5.7941 5.8441 2019-05-22 17:55:23
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