Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Friday, April 19, 2019.

Euro/ (FOREX:EURMRU)

Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight 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_EURMRU
Open High Low EURMRU Price Change
41.248 41.248 41.248 41.248 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 up The intermediate term trend has been UP since Apr 14th, 2019 at 41.225

short term up The short term trend has been UP since Apr 8th, 2019 at 40.995

Smart Scan Analysis for EURMRU

Based on a pre-defined weighted trend formula for chart analysis, EURMRU scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-60
Smart Scan Analysis for EURMRU
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
41.248 41.248 41.248 41.248 0.000
Prev. Close Volume Bid Ask Time
41.248 40.548 41.948 2019-04-16 21:11:46
Want to analyze Euro/ EURMRU or another symbol? Try our Free Forex Trend Analysis Report.