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Forex Trend Analysis Report

Prepared for you on Wednesday, March 3, 2021.

Australian Dollar/Euro (FOREX:AUDEUR)

Long-Term Uptrend (+90) - AUDEUR is in a strong uptrend that is likely to continue. While AUDEUR is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

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
0.64690 0.64816 0.64440 0.64440 -0.00250
Entry Signal

MarketClub’s Trade Triangles for AUDEUR

long term up The long-term trend has been UP since Nov 24th, 2020 at 0.62012

intermediate term up The intermediate-term trend has been UP since Feb 14th, 2021 at 0.64060

short term up The short-term trend has been UP since Mar 2nd, 2021 at 0.64610

Smart Scan Analysis for AUDEUR

Based on our trend formula, AUDEUR is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for AUDEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.64690 0.64816 0.64440 0.64440 -0.00250
Prev. Close Volume Bid Ask Time
0.64690 2021-03-03 17:02:17
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