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Forex Trend Analysis Report

Prepared for you on Thursday, May 28, 2020.

Euro/ (FOREX:EURAMD)

Sidelines Mode (-50) - EURAMD is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until EURAMD can gain momentum.

Is it time to buy, sell, or avoid EURAMD?

MarketClub looks at technical strength and momentum to determine if the timing is right for EURAMD.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_EURAMD
Open High Low EURAMD Price Change
527.14 527.14 527.14 527.14 0.00
Entry Signal

MarketClub’s Trade Triangles for EURAMD

long term up The long-term trend has been UP since Mar 5th, 2020 at 536.36

intermediate term down The intermediate-term trend has been DOWN since May 24th, 2020 at 525.79

short term down The short-term trend has been DOWN since May 24th, 2020 at 530.05

Smart Scan Analysis for EURAMD

Based on our trend formula, EURAMD is rated as a -50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-50
Smart Scan Analysis for EURAMD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
527.14 527.14 527.14 527.14 0.00
Prev. Close Volume Bid Ask Time
527.14 497.14 557.14 2020-05-25 21:04:33
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