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.
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MarketClub’s Trade Triangles for EURSRD
The long-term trend has been DOWN since Oct 3rd, 2023 at 40.4440
The intermediate-term trend has been DOWN since Dec 11th, 2023 at 40.7465
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).
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 |