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Forex Trend Analysis Report

Prepared for you on Wednesday, April 8, 2020.

Euro/ (FOREX:EURTJS)

Countertrend Up (+85) - EURTJS is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

Is it time to buy, sell, or avoid EURTJS?

MarketClub looks at technical strength and momentum to determine if the timing is right for EURTJS.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_EURTJS
Open High Low EURTJS Price Change
11.1217 11.1217 11.1217 11.1217 0.0000
Entry Signal

MarketClub’s Trade Triangles for EURTJS

long term up The long-term trend has been UP since Mar 10th, 2020 at 10.8633

intermediate term up The intermediate-term trend has been UP since Mar 4th, 2020 at 10.6134

short term up The short-term trend has been UP since Mar 25th, 2020 at 11.0078

Smart Scan Analysis for EURTJS

Based on our trend formula, EURTJS is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+80
Smart Scan Analysis for EURTJS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
11.1217 11.1217 11.1217 11.1217 0.0000
Prev. Close Volume Bid Ask Time
11.1217 10.9967 11.2467 2020-04-08 07:14:50
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