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Forex Trend Analysis Report

Prepared for you on Friday, April 19, 2024.

Australian Dollar/Euro (FOREX:AUDEUR)

Strong Downtrend (-100) - AUDEUR is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, AUDEUR continues to fall. Traders should use caution and set stops.

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.

FOREX_AUDEUR
Open High Low AUDEUR Price Change
0.60060000 0.60300000 0.60050000 0.60150381 +0.00090400
Entry Signal

MarketClub’s Trade Triangles for AUDEUR

long term down The long-term trend has been DOWN since Mar 5th, 2024 at 0.59880

intermediate term down The intermediate-term trend has been DOWN since Apr 18th, 2024 at 0.60149

short term down The short-term trend has been DOWN since Apr 15th, 2024 at 0.60620

Smart Scan Analysis for AUDEUR

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

-100
Smart Scan Analysis for AUDEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.60060000 0.60300000 0.60050000 0.60150381 +0.00090400
Prev. Close Volume Bid Ask Time
0.60060000 2024-04-19 19:20:58
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