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Forex Trend Analysis Report

Prepared for you on Wednesday, November 29, 2023.

Euro/ (FOREX:EURCDF)

Countertrend Up (+85) - EURCDF is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

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
2717.8 2717.8 2717.8 2717.8 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 up The intermediate-term trend has been UP since Oct 24th, 2023 at 2618.90

short term up The short-term trend has been UP since Oct 24th, 2023 at 2618.90

Smart Scan Analysis for EURCDF

Based on our trend formula, EURCDF is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+80
Smart Scan Analysis for EURCDF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2717.8 2717.8 2717.8 2717.8 0.0
Prev. Close Volume Bid Ask Time
2717.8 2023-11-28 07:28:26
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