Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Wednesday, December 4, 2024.
Euro/Australian Dollar (FOREX:EURAUD)
Bull Market Weakness (+75) - EURAUD is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on EURAUD as it may be in the beginning stages of a reversal.
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.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for EURAUD
The long-term trend has been DOWN since Sep 24th, 2024 at 1.599835
The intermediate-term trend has been UP since Dec 3rd, 2024 at 1.636145
The short-term trend has been UP since Nov 25th, 2024 at 1.619830
Smart Scan Analysis for EURAUD
Based on our trend formula, EURAUD is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.63287 | 1.63487 | 1.63134 | 1.63330 | +0.00043 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.63287 | 2024-12-04 04:18:17 |