Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Thursday, October 21, 2021.

Euro/ (FOREX:EURAZN)

Sidelines Mode (+50) - EURAZN is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until EURAZN can gain momentum.

Is it time to buy, sell, or avoid EURAZN?

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

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

FOREX_EURAZN
Open High Low EURAZN Price Change
1.9803 1.9803 1.9803 1.9803 0.0000
Entry Signal

MarketClub’s Trade Triangles for EURAZN

long term down The long-term trend has been DOWN since Aug 10th, 2021 at 2.0023

intermediate term up The intermediate-term trend has been UP since Oct 20th, 2021 at 1.9736

short term up The short-term trend has been UP since Oct 15th, 2021 at 1.9711

Smart Scan Analysis for EURAZN

Based on our trend formula, EURAZN is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+50
Smart Scan Analysis for EURAZN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.9803 1.9803 1.9803 1.9803 0.0000
Prev. Close Volume Bid Ask Time
1.9803 1.9803 1.9803 2021-10-20 09:59:55
Get a free daily analysis and signals for Euro/ (EURAZN) - Request Your Free Report.