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Forex Trend Analysis Report

Prepared for you on Wednesday, April 1, 2020.

Euro/ (FOREX:EURSRD)

Crossroads (-60) - EURSRD is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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
8.048 8.048 8.048 8.048 0.000
Entry Signal

MarketClub’s Trade Triangles for EURSRD

long term up The long-term trend has been UP since Mar 11th, 2020 at 8.340

intermediate term down The intermediate-term trend has been DOWN since Mar 19th, 2020 at 8.061

short term down The short-term trend has been DOWN since Mar 16th, 2020 at 8.375

Smart Scan Analysis for EURSRD

Based on our trend formula, EURSRD is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for EURSRD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
8.048 8.048 8.048 8.048 0.000
Prev. Close Volume Bid Ask Time
8.180 7.964 8.132 2020-03-19 23:32:57
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