Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Tuesday, March 26, 2019.

Euro/ (FOREX:EURMRU)

Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. 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_EURMRU
Open High Low EURMRU Price Change
41.225 41.225 41.225 41.225 0.000
Entry Signal

MarketClub’s Trade Triangles for EURMRU

long term down The long term trend has been DOWN since Dec 16th, 2018 at 41.258

intermediate term down The intermediate term trend has been DOWN since Mar 24th, 2019 at 41.366

short term down The short term trend has been DOWN since Mar 24th, 2019 at 41.568

Smart Scan Analysis for EURMRU

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

-100
Smart Scan Analysis for EURMRU
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
41.225 41.225 41.225 41.225 0.000
Prev. Close Volume Bid Ask Time
41.225 40.525 41.925 2019-03-24 21:34:10
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