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Forex Trend Analysis Report

Prepared for you on Thursday, April 25, 2024.

Euro/ (FOREX:EURAZN)

Bear Market Rally (-75) - EURAZN is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on EURAZN as it may be in the beginning of a reversal.

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

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

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

FOREX_EURAZN
Open High Low EURAZN Price Change
1.8205 1.8205 1.8205 1.8205 0.0000
Entry Signal

MarketClub’s Trade Triangles for EURAZN

long term down The long-term trend has been DOWN since Apr 2nd, 2024 at 1.8299

intermediate term down The intermediate-term trend has been DOWN since Apr 18th, 2024 at 1.8247

short term up The short-term trend has been UP since Apr 25th, 2024 at 1.8198

Smart Scan Analysis for EURAZN

Based on our trend formula, EURAZN is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for EURAZN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.8205 1.8205 1.8205 1.8205 0.0000
Prev. Close Volume Bid Ask Time
1.8205 1.8205 1.8205 2024-04-25 06:28:00
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