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Forex Trend Analysis Report

Prepared for you on Thursday, December 7, 2023.

Australian Dollar/Euro (FOREX:AUDEUR)

Strong Uptrend (+100) - AUDEUR is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, AUDEUR continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.

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
0.606855 0.612020 0.606575 0.611710 +0.004855
Entry Signal

MarketClub’s Trade Triangles for AUDEUR

long term up The long-term trend has been UP since Dec 1st, 2023 at 0.6128

intermediate term up The intermediate-term trend has been UP since Nov 30th, 2023 at 0.6079

short term up The short-term trend has been UP since Nov 20th, 2023 at 0.6005

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
0.606855 0.612020 0.606575 0.611710 +0.004855
Prev. Close Volume Bid Ask Time
0.606855 2023-12-07 16:19:50
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