Forex Trend Analysis Report
Prepared for you on Wednesday, March 3, 2021.
Sidelines Mode (+55) - EURUZS 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 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 UP since Apr 17th, 2020 at 10676.38
The intermediate-term trend has been UP since Feb 10th, 2021 at 12767.42
The short-term trend has been DOWN since Mar 1st, 2021 at 12743.12
Smart Scan Analysis for EURUZS
Based on our trend formula, EURUZS is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).