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Forex Trend Analysis Report

Prepared for you on Tuesday, August 9, 2022.

Euro/ (FOREX:EURSDG)

Countertrend Up (+85) - EURSDG 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 EURSDG?

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

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

FOREX_EURSDG
Open High Low EURSDG Price Change
584.12828 584.12828 584.12828 584.12828 0.00000
Entry Signal

MarketClub’s Trade Triangles for EURSDG

long term up The long-term trend has been UP since May 20th, 2022 at 508.19945

intermediate term up The intermediate-term trend has been UP since Aug 4th, 2022 at 583.16963

short term up The short-term trend has been UP since Jun 22nd, 2022 at 480.17756

Smart Scan Analysis for EURSDG

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

+80
Smart Scan Analysis for EURSDG
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
584.12828 584.12828 584.12828 584.12828 0.00000
Prev. Close Volume Bid Ask Time
584.12828 2022-08-09 12:19:24
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