Forex Trend Analysis Report
Prepared for you on Monday, February 24, 2020.
Strong Downtrend (-100) - EURAZN is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. 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 Feb 10th, 2020 at 1.8701
The intermediate-term trend has been DOWN since Jan 22nd, 2020 at 1.8883
The short-term trend has been DOWN since Jan 10th, 2020 at 1.8896
Smart Scan Analysis for EURAZN
Based on our trend formula, EURAZN is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).