Forex Trend Analysis Report
Prepared for you on Friday, March 5, 2021.
Long-Term Uptrend (+90) - EURSDG is in a strong uptrend that is likely to continue. While EURSDG is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution 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.
MarketClub’s Trade Triangles for EURSDG
The long-term trend has been UP since Nov 6th, 2020 at 65.549783
The intermediate-term trend has been UP since Feb 23rd, 2021 at 67.103706
The short-term trend has been UP since Feb 19th, 2021 at 66.913328
Smart Scan Analysis for EURSDG
Based on our trend formula, EURSDG is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).