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Forex Trend Analysis Report

Prepared for you on Wednesday, April 24, 2019.

Euro/ (FOREX:EURGHS)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very 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
5.7429 5.7429 5.7429 5.7429 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 down The intermediate term trend has been DOWN since Mar 20th, 2019 at 6.0718

short term down The short term trend has been DOWN since Apr 21st, 2019 at 5.8015

Smart Scan Analysis for EURGHS

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

-70
Smart Scan Analysis for EURGHS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
5.7429 5.7429 5.7429 5.7429 0.0000
Prev. Close Volume Bid Ask Time
5.7429 5.7179 5.7679 2019-04-23 21:13:28
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