Forex Trend Analysis Report
Prepared for you on Saturday, October 23, 2021.
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.
MarketClub’s Trade Triangles for EURSDG
The long-term trend has been DOWN since Sep 17th, 2021 at 517.49183
The intermediate-term trend has been DOWN since Jul 20th, 2021 at 528.05670
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).