Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Wednesday, March 20, 2019.

Euro/ (FOREX:EURSRD)

Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. 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_EURSRD
Open High Low EURSRD Price Change
8.3725 8.3725 8.3725 8.3725 0.0000
Entry Signal

MarketClub’s Trade Triangles for EURSRD

long term down The long term trend has been DOWN since Mar 12th, 2019 at 8.3880

intermediate term down The intermediate term trend has been DOWN since Feb 13th, 2019 at 8.4785

short term down The short term trend has been DOWN since Jan 17th, 2019 at 8.4955

Smart Scan Analysis for EURSRD

Based on a pre-defined weighted trend formula for chart analysis, EURSRD scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-90
Smart Scan Analysis for EURSRD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
8.3725 8.3725 8.3725 8.3725 0.0000
Prev. Close Volume Bid Ask Time
8.4340 8.3040 8.4410 2019-03-13 04:51:50
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