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Forex Trend Analysis Report

Prepared for you on Tuesday, November 24, 2020.

Euro/ (FOREX:EURAZN)

Sidelines Mode (+55) - EURAZN is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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
2.0137 2.0137 2.0137 2.0137 0.0000
Entry Signal

MarketClub’s Trade Triangles for EURAZN

long term up The long-term trend has been UP since Jun 8th, 2020 at 1.9074

intermediate term up The intermediate-term trend has been UP since Nov 17th, 2020 at 1.9775

short term down The short-term trend has been DOWN since Nov 24th, 2020 at 2.0191

Smart Scan Analysis for EURAZN

Based on our trend formula, EURAZN is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for EURAZN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.0137 2.0137 2.0137 2.0137 0.0000
Prev. Close Volume Bid Ask Time
2.0137 2.0137 2.0137 2020-11-24 04:21:37
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