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Forex Trend Analysis Report

Prepared for you on Tuesday, April 7, 2020.

Euro/ (FOREX:EURLRD)

Weak Downtrend (-65) - EURLRD is showing signs of a strengthening downtrend. Monitor EURLRD as it may be building momentum to the downside.

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
218.42 218.42 218.42 218.42 0.00
Entry Signal

MarketClub’s Trade Triangles for EURLRD

long term up The long-term trend has been UP since Mar 4th, 2020 at 218.16

intermediate term down The intermediate-term trend has been DOWN since Mar 26th, 2020 at 219.77

short term down The short-term trend has been DOWN since Mar 17th, 2020 at 224.22

Smart Scan Analysis for EURLRD

Based on our trend formula, EURLRD is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for EURLRD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
218.42 218.42 218.42 218.42 0.00
Prev. Close Volume Bid Ask Time
218.42 215.72 221.12 2020-04-01 07:17:55
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