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Forex Trend Analysis Report

Prepared for you on Friday, December 13, 2024.

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
0.608495 0.609100 0.606400 0.606745 -0.001750
Entry Signal

MarketClub’s Trade Triangles for AUDEUR

long term up The long-term trend has been UP since Oct 1st, 2024 at 0.62413

intermediate term down The intermediate-term trend has been DOWN since Dec 3rd, 2024 at 0.61100

short term down The short-term trend has been DOWN since Dec 3rd, 2024 at 0.61435

Smart Scan Analysis for AUDEUR

Based on our trend formula, AUDEUR is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for AUDEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.608495 0.609100 0.606400 0.606745 -0.001750
Prev. Close Volume Bid Ask Time
0.608495 2024-12-13 08:08:09
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