Forex Trend Analysis Report
Prepared for you on Saturday, January 18, 2020.
Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very 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.
MarketClub’s Trade Triangles for GHSEUR
The long term trend has been DOWN since Nov 4th, 2019 at 0.16344950
The intermediate term trend has been DOWN since Nov 19th, 2019 at 0.16270220
The short term trend has been UP since Jan 8th, 2020 at 0.15721536
Smart Scan Analysis for GHSEUR
Based on a pre-defined weighted trend formula for chart analysis, GHSEUR scored -65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).