Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Thursday, June 4, 2020.

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
76.91 76.91 76.91 76.91 0.00
Entry Signal

MarketClub’s Trade Triangles for EURMZN

long term up The long-term trend has been UP since Nov 4th, 2019 at 69.600

intermediate term up The intermediate-term trend has been UP since Apr 30th, 2020 at 73.080

short term up The short-term trend has been UP since Apr 30th, 2020 at 73.075

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
76.91 76.91 76.91 76.91 0.00
Prev. Close Volume Bid Ask Time
77.81 76.15 77.67 2020-05-29 05:26:56
Get a free daily analysis and signals for Euro/ (EURMZN) - Request Your Free Report.