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Forex Trend Analysis Report

Prepared for you on Monday, February 24, 2020.

Euro/ (FOREX:EURCDF)

Crossroads (-60) - EURCDF is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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.

FOREX_EURCDF
Open High Low EURCDF Price Change
1834.14 1834.14 1834.14 1834.14 0.00
Entry Signal

MarketClub’s Trade Triangles for EURCDF

long term up The long-term trend has been UP since Dec 12th, 2019 at 1852.42

intermediate term down The intermediate-term trend has been DOWN since Jan 24th, 2020 at 1871.97

short term down The short-term trend has been DOWN since Feb 10th, 2020 at 1866.95

Smart Scan Analysis for EURCDF

Based on our trend formula, EURCDF is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for EURCDF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1834.14 1834.14 1834.14 1834.14 0.00
Prev. Close Volume Bid Ask Time
1834.14 1809.14 1859.14 2020-02-24 07:23:01
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