Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Wednesday, July 17, 2019.

Euro/ (FOREX:EURSDG)

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_EURSDG
Open High Low EURSDG Price Change
50.61 50.61 50.61 50.61 0.00
Entry Signal

MarketClub’s Trade Triangles for EURSDG

long term down The long term trend has been DOWN since Mar 10th, 2019 at 53.666

intermediate term down The intermediate term trend has been DOWN since Jul 9th, 2019 at 50.558

short term down The short term trend has been DOWN since Jul 1st, 2019 at 51.278

Smart Scan Analysis for EURSDG

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

-100
Smart Scan Analysis for EURSDG
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
50.61 50.61 50.61 50.61 0.00
Prev. Close Volume Bid Ask Time
50.61 50.56 50.66 2019-07-17 09:03:34
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