Forex Trend Analysis Report
Prepared for you on Monday, November 23, 2020.
Strong Uptrend (+100) - EURSDG is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, EURSDG continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
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 Nov 5th, 2020 at 65.398722
The short-term trend has been UP since Nov 13th, 2020 at 65.370994
Smart Scan Analysis for EURSDG
Based on our trend formula, EURSDG is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).