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Forex Trend Analysis Report

Prepared for you on Thursday, May 9, 2024.

Euro/ (FOREX:EURAOA)

Crossroads (-60) - EURAOA is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid EURAOA?

MarketClub looks at technical strength and momentum to determine if the timing is right for EURAOA.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_EURAOA
Open High Low EURAOA Price Change
896.448 896.448 896.448 896.448 0.000
Entry Signal

MarketClub’s Trade Triangles for EURAOA

long term down The long-term trend has been DOWN since Apr 15th, 2024 at 887.2332

intermediate term up The intermediate-term trend has been UP since May 7th, 2024 at 892.6950

short term up The short-term trend has been UP since Apr 23rd, 2024 at 887.9250

Smart Scan Analysis for EURAOA

Based on our trend formula, EURAOA is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for EURAOA
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
896.448 896.448 896.448 896.448 0.000
Prev. Close Volume Bid Ask Time
896.448 891.448 901.448 2024-05-08 10:50:43
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