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Forex Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
Euro/ (FOREX:EURSDG)
Countertrend Up (+85) - EURSDG is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid EURSDG?
MarketClub looks at technical strength and momentum to determine if the timing is right for EURSDG.
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 EURSDG
The long-term trend has been UP since Dec 27th, 2023 at 659.03915
The intermediate-term trend has been UP since May 2nd, 2024 at 629.05910
The short-term trend has been UP since May 9th, 2024 at 647.60489
Smart Scan Analysis for EURSDG
Based on our trend formula, EURSDG is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 647.82128 | 647.82128 | 647.82128 | 647.82128 | 0.00000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 647.82128 | 2024-05-09 13:14:56 |