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Forex Trend Analysis Report

Prepared for you on Thursday, February 21, 2019.

Euro/ (FOREX:EURYER)

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_EURYER
Open High Low EURYER Price Change
284.095 284.460 283.445 283.690 -0.405
Entry Signal

MarketClub’s Trade Triangles for EURYER

long term down The long term trend has been DOWN since May 1st, 2018 at 302.045

intermediate term down The intermediate term trend has been DOWN since Jan 24th, 2019 at 283.135

short term up The short term trend has been UP since Feb 17th, 2019 at 283.350

Smart Scan Analysis for EURYER

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

-75
Smart Scan Analysis for EURYER
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
284.095 284.460 283.445 283.690 -0.405
Prev. Close Volume Bid Ask Time
284.095 283.120 284.260 2019-02-21 16:35:27
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