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Forex Trend Analysis Report

Prepared for you on Friday, March 29, 2024.

Euro/Surinamese Dollar (FOREX:EURSRD)

Long-Term Downtrend (-90) - EURSRD is in a strong downtrend that is likely to continue. While EURSRD 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 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
37.8615 37.8615 37.8615 37.8615 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 Dec 11th, 2023 at 40.7465

Smart Scan Analysis for EURSRD

Based on our trend formula, EURSRD is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for EURSRD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
37.8615 37.8615 37.8615 37.8615 0.0000
Prev. Close Volume Bid Ask Time
37.8615 37.3800 38.3430 2024-03-21 10:50:30
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