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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.
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MarketClub’s Trade Triangles for EURLRD
The long-term trend has been UP since Feb 17th, 2025 at 207.62
The intermediate-term trend has been UP since Dec 5th, 2024 at 193.45
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).
| 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 |