Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Monday, March 1, 2021.

Euro/ (FOREX:EURMZN)

Sidelines Mode (+55) - EURMZN 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 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
91.205 91.205 91.205 91.205 0.000
Entry Signal

MarketClub’s Trade Triangles for EURMZN

long term up The long-term trend has been UP since Nov 4th, 2019 at 69.60

intermediate term down The intermediate-term trend has been DOWN since Jan 12th, 2021 at 91.19

short term up The short-term trend has been UP since Feb 11th, 2021 at 91.13

Smart Scan Analysis for EURMZN

Based on our trend formula, EURMZN is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for EURMZN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
91.205 91.205 91.205 91.205 0.000
Prev. Close Volume Bid Ask Time
91.205 90.300 92.110 2021-02-25 04:29:23
Get a free daily analysis and signals for Euro/ (EURMZN) - Request Your Free Report.