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Forex Trend Analysis Report

Prepared for you on Friday, September 20, 2024.

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
3158.6 3158.6 3158.6 3158.6 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 up The intermediate-term trend has been UP since Jul 7th, 2024 at 3069.70

short term up The short-term trend has been UP since Sep 17th, 2024 at 3152.80

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
3158.6 3158.6 3158.6 3158.6 0.0
Prev. Close Volume Bid Ask Time
3158.6 2024-09-17 00:48:47
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