Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Saturday, September 21, 2019.

Euro/Special Drawing Right (FOREX:EURSDR)

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_EURSDR
Open High Low EURSDR Price Change
0.8068 0.8068 0.8068 0.8068 0.0000
Entry Signal

MarketClub’s Trade Triangles for EURSDR

long term down The long term trend has been DOWN since Aug 1st, 2019 at 0.8074

intermediate term up The intermediate term trend has been UP since Sep 13th, 2019 at 0.8083

short term down The short term trend has been DOWN since Sep 16th, 2019 at 0.8083

Smart Scan Analysis for EURSDR

Based on a pre-defined weighted trend formula for chart analysis, EURSDR scored -65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-65
Smart Scan Analysis for EURSDR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.8068 0.8068 0.8068 0.8068 0.0000
Prev. Close Volume Bid Ask Time
0.8075 0.8068 0.8068 2019-09-18 20:37:18
Want to analyze Euro/Special Drawing Right EURSDR or another symbol? Try our Free Forex Trend Analysis Report.