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Forex Trend Analysis Report

Prepared for you on Friday, April 12, 2024.

Euro/ (FOREX:EURCDF)

Weak Downtrend (-65) - EURCDF is showing signs of a strengthening downtrend. Monitor EURCDF as it may be building momentum to the downside.

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
2985.6 2985.6 2985.6 2985.6 0.0
Entry Signal

MarketClub’s Trade Triangles for EURCDF

long term up The long-term trend has been UP since Nov 15th, 2022 at 2082.66

intermediate term down The intermediate-term trend has been DOWN since Mar 28th, 2024 at 3008.90

short term down The short-term trend has been DOWN since Apr 11th, 2024 at 3013.00

Smart Scan Analysis for EURCDF

Based on our trend formula, EURCDF is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for EURCDF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2985.6 2985.6 2985.6 2985.6 0.0
Prev. Close Volume Bid Ask Time
2985.6 2024-04-11 21:02:00
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