Forex Trend Analysis Report
Prepared for you on Monday, May 25, 2020.
Bear Market Rally (-75) - EURAZN is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on EURAZN as it may be in the beginning of a reversal.
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 23rd, 2020 at 1.8397
The intermediate-term trend has been DOWN since May 12th, 2020 at 1.8386
The short-term trend has been UP since May 22nd, 2020 at 1.8548
Smart Scan Analysis for EURAZN
Based on our trend formula, EURAZN is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).