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Forex Trend Analysis Report
Prepared for you on Wednesday, October 20, 2021.
Euro/Surinamese Dollar (FOREX:EURSRD)
Countertrend Up (+85) - EURSRD is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid EURSRD?
MarketClub looks at technical strength and momentum to determine if the timing is right for EURSRD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for EURSRD
The long-term trend has been UP since May 11th, 2021 at 17.1895
The intermediate-term trend has been UP since Sep 15th, 2021 at 23.6605
The short-term trend has been UP since Sep 15th, 2021 at 23.6175
Smart Scan Analysis for EURSRD
Based on our trend formula, EURSRD is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 23.7305 | 23.7305 | 23.7305 | 23.7305 | 0.0000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 23.7695 | 23.6110 | 23.8500 | 2021-10-13 10:09:33 |