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Forex Trend Analysis Report

Prepared for you on Friday, May 9, 2025.

Euro/ (FOREX:EURLRD)

Sidelines Mode (+55) - EURLRD is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid EURLRD?

MarketClub looks at technical strength and momentum to determine if the timing is right for EURLRD.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_EURLRD
Open High Low EURLRD Price Change
226.63 226.63 226.63 226.63 0.00
Entry Signal

MarketClub’s Trade Triangles for EURLRD

long term up The long-term trend has been UP since Feb 17th, 2025 at 207.62

intermediate term up The intermediate-term trend has been UP since Dec 5th, 2024 at 193.45

short term down The short-term trend has been DOWN since Apr 27th, 2025 at 227.59

Smart Scan Analysis for EURLRD

Based on our trend formula, EURLRD is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for EURLRD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
226.63 226.63 226.63 226.63 0.00
Prev. Close Volume Bid Ask Time
226.63 2025-05-04 11:00:59
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