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Forex Trend Analysis Report

Prepared for you on Saturday, April 1, 2023.

Euro/ (FOREX:EURMZN)

Countertrend Up (+85) - EURMZN is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

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
69.38410 69.41879 69.38410 69.41879 +0.03469
Entry Signal

MarketClub’s Trade Triangles for EURMZN

long term up The long-term trend has been UP since Nov 11th, 2022 at 65.916117

intermediate term up The intermediate-term trend has been UP since Mar 13th, 2023 at 68.127520

short term up The short-term trend has been UP since Mar 27th, 2023 at 68.089760

Smart Scan Analysis for EURMZN

Based on our trend formula, EURMZN is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+80
Smart Scan Analysis for EURMZN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
69.38410 69.41879 69.38410 69.41879 +0.03469
Prev. Close Volume Bid Ask Time
69.38410 2023-03-31 12:21:37
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