Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
Euro/ (FOREX:EURMZN)
Crossroads (-60) - EURMZN 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 EURMZN?
MarketClub looks at technical strength and momentum to determine if the timing is right for EURMZN.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for EURMZN
The long-term trend has been DOWN since Apr 19th, 2024 at 68.43811
The intermediate-term trend has been UP since May 6th, 2024 at 68.76957
The short-term trend has been UP since May 3rd, 2024 at 68.59152
Smart Scan Analysis for EURMZN
Based on our trend formula, EURMZN is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 68.65961 | 68.65961 | 68.65961 | 68.65961 | 0.00000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 68.65961 | 2024-05-08 12:12:59 |