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Forex Trend Analysis Report

Prepared for you on Sunday, May 9, 2021.

Euro/Surinamese Dollar (FOREX:EURSRD)

Sidelines Mode (+50) - EURSRD is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until EURSRD can gain momentum.

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
17.068 17.068 17.068 17.068 0.000
Entry Signal

MarketClub’s Trade Triangles for EURSRD

long term down The long-term trend has been DOWN since Mar 14th, 2021 at 16.9590

intermediate term up The intermediate-term trend has been UP since Apr 12th, 2021 at 16.8190

short term up The short-term trend has been UP since Apr 7th, 2021 at 16.6235

Smart Scan Analysis for EURSRD

Based on our trend formula, EURSRD is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+50
Smart Scan Analysis for EURSRD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
17.068 17.068 17.068 17.068 0.000
Prev. Close Volume Bid Ask Time
17.068 16.900 17.236 2021-05-07 00:18:37
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