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Forex Trend Analysis Report

Prepared for you on Monday, June 17, 2024.

Euro/Surinamese Dollar (FOREX:EURSRD)

Strong Downtrend (-100) - EURSRD is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, EURSRD continues to fall. Traders should use caution and set stops.

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.

FOREX_EURSRD
Open High Low EURSRD Price Change
33.8695 33.8695 33.8695 33.8695 0.0000
Entry Signal

MarketClub’s Trade Triangles for EURSRD

long term down The long-term trend has been DOWN since Oct 3rd, 2023 at 40.4440

intermediate term down The intermediate-term trend has been DOWN since Dec 11th, 2023 at 40.7465

short term down The short-term trend has been DOWN since May 28th, 2024 at 34.8690

Smart Scan Analysis for EURSRD

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

-100
Smart Scan Analysis for EURSRD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
33.8695 33.8695 33.8695 33.8695 0.0000
Prev. Close Volume Bid Ask Time
33.8695 33.4750 34.2640 2024-06-14 10:36:22
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