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Forex Trend Analysis Report

Prepared for you on Saturday, October 23, 2021.

Euro/ (FOREX:EURSDG)

Long-Term Downtrend (-90) - EURSDG is in a strong downtrend that is likely to continue. While EURSDG is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

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
511.86301 511.86301 511.86301 511.86301 0.00000
Entry Signal

MarketClub’s Trade Triangles for EURSDG

long term down The long-term trend has been DOWN since Sep 17th, 2021 at 517.49183

intermediate term down The intermediate-term trend has been DOWN since Jul 20th, 2021 at 528.05670

short term down The short-term trend has been DOWN since Oct 21st, 2021 at 511.40544

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).

-90
Smart Scan Analysis for EURSDG
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
511.86301 511.86301 511.86301 511.86301 0.00000
Prev. Close Volume Bid Ask Time
511.86301 2021-10-22 12:56:49
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