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Forex Trend Analysis Report

Prepared for you on Sunday, June 16, 2024.

Australian Dollar/Euro (FOREX:AUDEUR)

Bull Market Weakness (+75) - AUDEUR is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on AUDEUR as it may be in the beginning stages of a reversal.

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
0.61671298 0.61842400 0.61671298 0.61842400 +0.00171100
Entry Signal

MarketClub’s Trade Triangles for AUDEUR

long term up The long-term trend has been UP since May 3rd, 2024 at 0.6138

intermediate term down The intermediate-term trend has been DOWN since Jun 7th, 2024 at 0.6095

short term up The short-term trend has been UP since Jun 10th, 2024 at 0.6132

Smart Scan Analysis for AUDEUR

Based on our trend formula, AUDEUR is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+75
Smart Scan Analysis for AUDEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.61671298 0.61842400 0.61671298 0.61842400 +0.00171100
Prev. Close Volume Bid Ask Time
0.61671298 2024-06-16 02:54:26
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