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Forex Trend Analysis Report

Prepared for you on Saturday, November 16, 2019.

Euro/ (FOREX:EURZMW)

Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend 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_EURZMW
Open High Low EURZMW Price Change
15.3921 15.3921 15.3921 15.3921 0.0000
Entry Signal

MarketClub’s Trade Triangles for EURZMW

long term up The long term trend has been UP since Sep 16th, 2018 at 12.0904

intermediate term up The intermediate term trend has been UP since Oct 17th, 2019 at 14.5880

short term up The short term trend has been UP since Oct 28th, 2019 at 14.7173

Smart Scan Analysis for EURZMW

Based on a pre-defined weighted trend formula for chart analysis, EURZMW scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+70
Smart Scan Analysis for EURZMW
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
15.3921 15.3921 15.3921 15.3921 0.0000
Prev. Close Volume Bid Ask Time
15.3345 15.3421 15.4421 2019-11-14 07:16:11
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