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Forex Trend Analysis Report

Prepared for you on Saturday, July 2, 2022.

Euro/ (FOREX:EURMZN)

Countertrend Down (-85) - EURMZN is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.

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

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

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

FOREX_EURMZN
Open High Low EURMZN Price Change
67.67698 67.67698 67.67698 67.67698 0.00000
Entry Signal

MarketClub’s Trade Triangles for EURMZN

long term down The long-term trend has been DOWN since Mar 9th, 2021 at 88.87000

intermediate term down The intermediate-term trend has been DOWN since Jun 13th, 2022 at 68.03083

short term up The short-term trend has been UP since Jun 27th, 2022 at 67.57657

Smart Scan Analysis for EURMZN

Based on our trend formula, EURMZN is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for EURMZN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
67.67698 67.67698 67.67698 67.67698 0.00000
Prev. Close Volume Bid Ask Time
67.67698 2022-06-27 13:06:51
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