Forex Trend Analysis Report
Prepared for you on Monday, March 18, 2024.
US Dollar/Euro (FOREX:USDEUR)
Weak Downtrend (-65) - USDEUR is showing signs of a strengthening downtrend. Monitor USDEUR as it may be building momentum to the downside.
Is it time to buy, sell, or avoid USDEUR?
MarketClub looks at technical strength and momentum to determine if the timing is right for USDEUR.
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 USDEUR
The long-term trend has been DOWN since Dec 22nd, 2023 at 0.907675
The intermediate-term trend has been DOWN since Mar 6th, 2024 at 0.918390
The short-term trend has been UP since Mar 14th, 2024 at 0.917210
Smart Scan Analysis for USDEUR
Based on our trend formula, USDEUR is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
Open | High | Low | Price | Change |
---|---|---|---|---|
0.91865 | 0.92035 | 0.91680 | 0.91975 | +0.00110 |
Prev. Close | Volume | Bid | Ask | Time |
0.91865 | 2024-03-18 22:32:00 |