Phan, EURUSD Analysis -100

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Forex Trend Analysis Report

Prepared for Phan on Tuesday, November 27, 2018.

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Euro/US Dollar (FOREX:EURUSD)

Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

The Trade Triangle 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
1.133350 1.134350 1.130665 1.132000 -0.001350
Entry Signal

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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 down The intermediate term trend has been DOWN since Oct 2nd, 2018 at 1.152900
short term down The short term trend has been DOWN since Nov 23rd, 2018 at 1.136100

Smart Scan Analysis for EURUSD

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

-100
Smart Scan Analysis for EURUSD
Strong Downtrend Sideways Strong Uptrend

Open High Low Price Change
1.133350 1.134350 1.130665 1.132000 -0.001350
Prev. Close Volume Bid Ask Time
1.133350 1.131900 1.132100 2018-11-27 06:17:40

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