Forex Trend Analysis Report
Prepared for you on Tuesday, June 2, 2020.
Euro/Tunisian Dinar (FOREX:EURTND)
Sidelines Mode (+55) - EURTND is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid EURTND?
MarketClub looks at technical strength and momentum to determine if the timing is right for EURTND.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for EURTND
The long-term trend has been UP since Mar 9th, 2020 at 3.1758
The intermediate-term trend has been UP since May 8th, 2020 at 3.1631
The short-term trend has been DOWN since May 24th, 2020 at 3.1644
Smart Scan Analysis for EURTND
Based on our trend formula, EURTND is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).