Forex Trend Analysis Report
Prepared for you on Wednesday, June 29, 2022.
Long-Term Downtrend (-90) - EURUZS is in a strong downtrend that is likely to continue. While EURUZS 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 EURUZS?
MarketClub looks at technical strength and momentum to determine if the timing is right for EURUZS.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for EURUZS
The long-term trend has been DOWN since May 3rd, 2022 at 11958.61
The intermediate-term trend has been DOWN since Jun 14th, 2022 at 11743.68
The short-term trend has been DOWN since Jun 2nd, 2022 at 11748.42
Smart Scan Analysis for EURUZS
Based on our trend formula, EURUZS is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).