Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Friday, May 14, 2021.

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.

FOREX_EURAUD
Open High Low EURAUD Price Change
1.5650150 1.5669050 1.5594650 1.5620136 -0.0030010
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 May 13th, 2021 at 1.565100

short term up The short-term trend has been UP since May 12th, 2021 at 1.554370

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).

+70
Smart Scan Analysis for EURAUD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.5650150 1.5669050 1.5594650 1.5620136 -0.0030010
Prev. Close Volume Bid Ask Time
1.5650150 2021-05-14 21:47:19
Get a free daily analysis and signals for Euro/Australian Dollar (EURAUD) - Request Your Free Report.