Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
Euro/ (FOREX:EURCDF)
Strong Uptrend (+100) - EURCDF is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, EURCDF continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid EURCDF?
MarketClub looks at technical strength and momentum to determine if the timing is right for EURCDF.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for EURCDF
The long-term trend has been UP since Nov 15th, 2022 at 2082.66
The intermediate-term trend has been UP since Jul 7th, 2024 at 3069.70
The short-term trend has been UP since Jul 26th, 2024 at 3070.00
Smart Scan Analysis for EURCDF
Based on our trend formula, EURCDF is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 3077.7 | 3077.7 | 3077.7 | 3077.7 | 0.0 |
| Prev. Close | Volume | Bid | Ask | Time |
| 3077.7 | 2024-07-26 14:00:16 |