Forex Trend Analysis Report
Prepared for you on Thursday, April 18, 2024.
Euro/ (FOREX:EURLRD)
Crossroads (-60) - EURLRD 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 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.
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MarketClub’s Trade Triangles for EURLRD
The long-term trend has been UP since Nov 11th, 2022 at 157.59
The intermediate-term trend has been DOWN since Mar 28th, 2024 at 210.35
The short-term trend has been DOWN since Apr 15th, 2024 at 210.69
Smart Scan Analysis for EURLRD
Based on our trend formula, EURLRD is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
Open | High | Low | Price | Change |
---|---|---|---|---|
206.93 | 206.93 | 206.93 | 206.93 | 0.00 |
Prev. Close | Volume | Bid | Ask | Time |
207.65 | 2024-04-17 19:38:10 |