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Forex Trend Analysis Report

Prepared for you on Monday, March 1, 2021.

Euro/Australian Dollar (FOREX:EURAUD)

Crossroads (+60) - EURAUD 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 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
1.559325 1.560245 1.555095 1.556665 -0.002660
Entry Signal

MarketClub’s Trade Triangles for EURAUD

long term down The long-term trend has been DOWN since Nov 24th, 2020 at 1.612605

intermediate term up The intermediate-term trend has been UP since Jan 1st, 2021 at 1.640300

short term up The short-term trend has been UP since Feb 26th, 2021 at 1.552705

Smart Scan Analysis for EURAUD

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

+60
Smart Scan Analysis for EURAUD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.559325 1.560245 1.555095 1.556665 -0.002660
Prev. Close Volume Bid Ask Time
1.559325 2021-03-01 05:53:14
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