Forex Trend Analysis Report
Prepared for you on Wednesday, January 23, 2019.
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.
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.
MarketClub’s Trade Triangles for EURUZS
The long term trend has been UP since Sep 23rd, 2018 at 9394.06
The intermediate term trend has been UP since Dec 19th, 2018 at 9468.30
The short term trend has been DOWN since Jan 20th, 2019 at 9571.00
Smart Scan Analysis for EURUZS
Based on a pre-defined weighted trend formula for chart analysis, EURUZS scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).