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Forex Trend Analysis Report

Prepared for you on Wednesday, May 8, 2024.

Euro/ (FOREX:EURTJS)

Crossroads (+60) - EURTJS 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 EURTJS?

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

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

FOREX_EURTJS
Open High Low EURTJS Price Change
11.7381 11.7381 11.7381 11.7381 0.0000
Entry Signal

MarketClub’s Trade Triangles for EURTJS

long term down The long-term trend has been DOWN since Apr 12th, 2024 at 11.7143

intermediate term up The intermediate-term trend has been UP since May 7th, 2024 at 11.7315

short term up The short-term trend has been UP since May 3rd, 2024 at 11.7087

Smart Scan Analysis for EURTJS

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

+60
Smart Scan Analysis for EURTJS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
11.7381 11.7381 11.7381 11.7381 0.0000
Prev. Close Volume Bid Ask Time
11.7270 2024-05-07 21:05:07
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