Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Tuesday, June 18, 2019.

Euro/US Dollar (FOREX:EURUSD)

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_EURUSD
Open High Low EURUSD Price Change
1.123225 1.124350 1.118250 1.119450 -0.003775
Entry Signal

MarketClub’s Trade Triangles for EURUSD

long term down The long term trend has been DOWN since May 1st, 2018 at 1.206420

intermediate term up The intermediate term trend has been UP since Jun 4th, 2019 at 1.126250

short term down The short term trend has been DOWN since Jun 12th, 2019 at 1.129195

Smart Scan Analysis for EURUSD

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

-75
Smart Scan Analysis for EURUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.123225 1.124350 1.118250 1.119450 -0.003775
Prev. Close Volume Bid Ask Time
1.123225 1.119300 1.119600 2019-06-18 17:42:16
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