Forex Trend Analysis Report
Prepared for you on Wednesday, April 1, 2020.
Australian Dollar/Euro (FOREX:AUDEUR)
Weak Downtrend (-65) - AUDEUR is showing signs of a strengthening downtrend. Monitor AUDEUR as it may be building momentum to the downside.
Is it time to buy, sell, or avoid AUDEUR?
MarketClub looks at technical strength and momentum to determine if the timing is right for AUDEUR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for AUDEUR
The long-term trend has been DOWN since Jan 30th, 2020 at 0.608585
The intermediate-term trend has been DOWN since Feb 26th, 2020 at 0.602500
The short-term trend has been UP since Mar 20th, 2020 at 0.553630
Smart Scan Analysis for AUDEUR
Based on our trend formula, AUDEUR is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).