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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.

FOREX_AUDEUR
Open High Low AUDEUR Price Change
0.555775 0.564670 0.551500 0.556000 +0.000225
Entry Signal

MarketClub’s Trade Triangles for AUDEUR

long term down The long-term trend has been DOWN since Jan 30th, 2020 at 0.608585

intermediate term down The intermediate-term trend has been DOWN since Feb 26th, 2020 at 0.602500

short term up 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).

-65
Smart Scan Analysis for AUDEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.555775 0.564670 0.551500 0.556000 +0.000225
Prev. Close Volume Bid Ask Time
0.555775 0.555900 0.556100 2020-04-01 14:50:30
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