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Forex Trend Analysis Report

Prepared for you on Saturday, November 2, 2024.

Euro/ (FOREX:EURSDG)

Sidelines Mode (+55) - EURSDG 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 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
653.26469 653.26469 653.26469 653.26469 0.00000
Entry Signal

MarketClub’s Trade Triangles for EURSDG

long term up The long-term trend has been UP since Dec 27th, 2023 at 659.03915

intermediate term down The intermediate-term trend has been DOWN since Oct 8th, 2024 at 669.48869

short term up The short-term trend has been UP since Oct 30th, 2024 at 650.98107

Smart Scan Analysis for EURSDG

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

+55
Smart Scan Analysis for EURSDG
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
653.26469 653.26469 653.26469 653.26469 0.00000
Prev. Close Volume Bid Ask Time
653.05546 2024-10-30 13:31:49
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