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Forex Trend Analysis Report

Prepared for you on Friday, March 31, 2023.

Euro/Australian Dollar (FOREX:EURAUD)

Countertrend Up (+85) - EURAUD 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 EURAUD?

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

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

FOREX_EURAUD
Open High Low EURAUD Price Change
1.623105 1.630700 1.619795 1.625400 +0.002295
Entry Signal

MarketClub’s Trade Triangles for EURAUD

long term up The long-term trend has been UP since Oct 4th, 2022 at 1.539730

intermediate term up The intermediate-term trend has been UP since Feb 24th, 2023 at 1.566655

short term down The short-term trend has been DOWN since Mar 30th, 2023 at 1.614985

Smart Scan Analysis for EURAUD

Based on our trend formula, EURAUD is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+85
Smart Scan Analysis for EURAUD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.623105 1.630700 1.619795 1.625400 +0.002295
Prev. Close Volume Bid Ask Time
1.623105 2023-03-31 18:06:40
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