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Forex Trend Analysis Report

Prepared for you on Sunday, June 26, 2022.

Euro/ (FOREX:EURLRD)

Strong Downtrend (-100) - EURLRD is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, EURLRD continues to fall. Traders should use caution and set stops.

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
159.91 159.91 159.91 159.91 0.00
Entry Signal

MarketClub’s Trade Triangles for EURLRD

long term down The long-term trend has been DOWN since Apr 6th, 2022 at 166.82

intermediate term down The intermediate-term trend has been DOWN since Jun 14th, 2022 at 162.04

short term down The short-term trend has been DOWN since Jun 14th, 2022 at 162.04

Smart Scan Analysis for EURLRD

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

-100
Smart Scan Analysis for EURLRD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
159.91 159.91 159.91 159.91 0.00
Prev. Close Volume Bid Ask Time
159.91 2022-06-22 07:22:37
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