Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Sunday, February 28, 2021.

Euro/US Dollar (FOREX:EURUSD)

Weak Uptrend (+65) - EURUSD is showing signs of weakening momentum to the upside. Monitor EURUSD as it may be in the beginning stages of a reversal.

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.

FOREX_EURUSD
Open High Low EURUSD Price Change
1.207445 1.207855 1.206925 1.207670 +0.000225
Entry Signal

MarketClub’s Trade Triangles for EURUSD

long term up The long-term trend has been UP since Jul 14th, 2020 at 1.142155

intermediate term up The intermediate-term trend has been UP since Feb 22nd, 2021 at 1.217000

short term down The short-term trend has been DOWN since Feb 26th, 2021 at 1.210990

Smart Scan Analysis for EURUSD

Based on our trend formula, EURUSD is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+65
Smart Scan Analysis for EURUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.207445 1.207855 1.206925 1.207670 +0.000225
Prev. Close Volume Bid Ask Time
1.207445 2021-02-28 17:40:24
Get a free daily analysis and signals for Euro/US Dollar (EURUSD) - Request Your Free Report.