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Forex Trend Analysis Report
Prepared for you on Sunday, March 26, 2023.
Euro/US Dollar (FOREX:EURUSD)
Long-Term Uptrend (+90) - EURUSD is in a strong uptrend that is likely to continue. While EURUSD is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid EURUSD?
MarketClub looks at technical strength and momentum to determine if the timing is right for EURUSD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for EURUSD
The long-term trend has been UP since Nov 11th, 2022 at 1.03680
The intermediate-term trend has been UP since Mar 17th, 2023 at 1.07601
The short-term trend has been UP since Mar 17th, 2023 at 1.07601
Smart Scan Analysis for EURUSD
Based on our trend formula, EURUSD is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.07825 | 1.07825 | 1.07825 | 1.07825 | 0.00000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.07825 | 2023-03-26 05:51:08 |