Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Saturday, February 16, 2019.

Euro/ (FOREX:EURLFX)

Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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_EURLFX
Open High Low EURLFX Price Change
2.2964 2.2967 2.2901 2.2928 -0.0036
Entry Signal

MarketClub’s Trade Triangles for EURLFX

long term down The long term trend has been DOWN since Nov 12th, 2018 at 2.2917

intermediate term down The intermediate term trend has been DOWN since Jan 4th, 2019 at 2.3072

short term down The short term trend has been DOWN since Feb 12th, 2019 at 2.2935

Smart Scan Analysis for EURLFX

Based on a pre-defined weighted trend formula for chart analysis, EURLFX scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-90
Smart Scan Analysis for EURLFX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.2964 2.2967 2.2901 2.2928 -0.0036
Prev. Close Volume Bid Ask Time
2.2964 2.2918 2.2938 2019-02-15 17:01:33
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