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Forex Trend Analysis Report
Prepared for you on Tuesday, April 16, 2024.
Euro/Australian Dollar (FOREX:EURAUD)
Weak Uptrend (+65) - EURAUD is showing signs of weakening momentum to the upside. Monitor EURAUD as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid EURAUD?
MarketClub looks at technical strength and momentum to determine if the timing is right for EURAUD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for EURAUD
The long-term trend has been UP since Mar 5th, 2024 at 1.66980
The intermediate-term trend has been DOWN since Mar 7th, 2024 at 1.64443
The short-term trend has been UP since Apr 10th, 2024 at 1.65060
Smart Scan Analysis for EURAUD
Based on our trend formula, EURAUD is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.653780 | 1.661540 | 1.651300 | 1.657445 | +0.003665 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.653780 | 2024-04-16 19:21:12 |