Forex Trend Analysis Report
Prepared for you on Friday, August 19, 2022.
Euro/Tunisian Dinar (FOREX:EURTND)
Long-Term Downtrend (-90) - EURTND is in a strong downtrend that is likely to continue. While EURTND is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
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 DOWN since Jul 14th, 2022 at 3.2229
The intermediate-term trend has been DOWN since Jul 14th, 2022 at 3.2761
The short-term trend has been DOWN since Jul 14th, 2022 at 3.2384
Smart Scan Analysis for EURTND
Based on our trend formula, EURTND is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).