Forex Trend Analysis Report
Prepared for you on Wednesday, April 1, 2020.
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.
MarketClub’s Trade Triangles for EURSRD
The long-term trend has been UP since Mar 11th, 2020 at 8.340
The intermediate-term trend has been DOWN since Mar 19th, 2020 at 8.061
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).