Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Thursday, December 26, 2024.

Australian Dollar/Euro (FOREX:AUDEUR)

Countertrend Down (-85) - AUDEUR is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score 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
0.600065 0.600500 0.596900 0.597320 -0.002745
Entry Signal

MarketClub’s Trade Triangles for AUDEUR

long term down The long-term trend has been DOWN since Dec 17th, 2024 at 0.60101272

intermediate term down The intermediate-term trend has been DOWN since Dec 3rd, 2024 at 0.61100000

short term up The short-term trend has been UP since Dec 25th, 2024 at 0.60380000

Smart Scan Analysis for AUDEUR

Based on our trend formula, AUDEUR is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for AUDEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.600065 0.600500 0.596900 0.597320 -0.002745
Prev. Close Volume Bid Ask Time
0.600065 2024-12-26 11:06:54
Get a free daily analysis and signals for Australian Dollar/Euro (AUDEUR) - Request Your Free Report.