Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Sunday, May 19, 2019.

Euro/Special Drawing Right (FOREX:EURSDR)

Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend with 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
0.8107 0.8107 0.8107 0.8107 0.0000
Entry Signal

MarketClub’s Trade Triangles for EURSDR

long term down The long term trend has been DOWN since Nov 5th, 2018 at 0.8179

intermediate term down The intermediate term trend has been DOWN since Apr 28th, 2019 at 0.8106

short term up The short term trend has been UP since May 16th, 2019 at 0.8106

Smart Scan Analysis for EURSDR

Based on a pre-defined weighted trend formula for chart analysis, EURSDR scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-75
Smart Scan Analysis for EURSDR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.8107 0.8107 0.8107 0.8107 0.0000
Prev. Close Volume Bid Ask Time
0.8107 0.8107 0.8107 2019-05-16 09:07:38
Want to analyze Euro/Special Drawing Right EURSDR or another symbol? Try our Free Forex Trend Analysis Report.