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Forex Trend Analysis Report

Prepared for you on Wednesday, April 8, 2020.

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
1.771900 1.772545 1.739970 1.741780 -0.030120
Entry Signal

MarketClub’s Trade Triangles for EURAUD

long term up The long-term trend has been UP since Jan 30th, 2020 at 1.643250

intermediate term down The intermediate-term trend has been DOWN since Apr 6th, 2020 at 1.772370

short term down The short-term trend has been DOWN since Mar 20th, 2020 at 1.803835

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
1.771900 1.772545 1.739970 1.741780 -0.030120
Prev. Close Volume Bid Ask Time
1.771900 1.741660 1.741900 2020-04-08 21:18:23
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