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Forex Trend Analysis Report

Prepared for you on Thursday, November 30, 2023.

Euro/US Dollar (FOREX:EURUSD)

Sidelines Mode (-55) - EURUSD 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 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
1.096915 1.098180 1.089295 1.090825 -0.006090
Entry Signal

MarketClub’s Trade Triangles for EURUSD

long term down The long-term trend has been DOWN since Sep 14th, 2023 at 1.066175

intermediate term up The intermediate-term trend has been UP since Oct 23rd, 2023 at 1.063950

short term down The short-term trend has been DOWN since Nov 30th, 2023 at 1.092600

Smart Scan Analysis for EURUSD

Based on our trend formula, EURUSD is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for EURUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.096915 1.098180 1.089295 1.090825 -0.006090
Prev. Close Volume Bid Ask Time
1.096915 2023-11-30 10:11:08
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