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Forex Trend Analysis Report

Prepared for you on Tuesday, May 30, 2023.

Euro/ (FOREX:EURAOA)

Countertrend Up (+85) - EURAOA is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

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
579.4365 579.4365 579.4365 579.4365 0.0000
Entry Signal

MarketClub’s Trade Triangles for EURAOA

long term up The long-term trend has been UP since Oct 21st, 2022 at 442.2368

intermediate term up The intermediate-term trend has been UP since Jan 11th, 2023 at 538.1320

short term up The short-term trend has been UP since Jan 11th, 2023 at 538.1320

Smart Scan Analysis for EURAOA

Based on our trend formula, EURAOA is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+80
Smart Scan Analysis for EURAOA
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
579.4365 579.4365 579.4365 579.4365 0.0000
Prev. Close Volume Bid Ask Time
588.0858 579.4365 579.4365 2023-05-19 10:38:19
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