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Forex Trend Analysis Report

Prepared for you on Wednesday, November 6, 2024.

Euro/ (FOREX:EURAOA)

Crossroads (-60) - EURAOA is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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

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

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

FOREX_EURAOA
Open High Low EURAOA Price Change
988.866 988.866 988.866 988.866 0.000
Entry Signal

MarketClub’s Trade Triangles for EURAOA

long term up The long-term trend has been UP since May 16th, 2024 at 910.7340

intermediate term down The intermediate-term trend has been DOWN since Oct 10th, 2024 at 1033.8008

short term down The short-term trend has been DOWN since Oct 10th, 2024 at 1035.8540

Smart Scan Analysis for EURAOA

Based on our trend formula, EURAOA is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for EURAOA
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
988.866 988.866 988.866 988.866 0.000
Prev. Close Volume Bid Ask Time
988.866 983.866 993.866 2024-11-01 11:03:01
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