Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Friday, April 19, 2024.
Euro/ (FOREX:EURAZN)
Long-Term Downtrend (-90) - EURAZN is in a strong downtrend that is likely to continue. While EURAZN is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
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.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for EURAZN
The long-term trend has been DOWN since Apr 2nd, 2024 at 1.8299
The intermediate-term trend has been DOWN since Apr 18th, 2024 at 1.8247
The short-term trend has been DOWN since Apr 1st, 2024 at 1.8382
Smart Scan Analysis for EURAZN
Based on our trend formula, EURAZN is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.8152 | 1.8152 | 1.8152 | 1.8152 | 0.0000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.8152 | 1.8152 | 1.8152 | 2024-04-18 06:49:34 |