Forex Trend Analysis Report
Prepared for you on Thursday, February 20, 2020.
Strong Downtrend (-100) - EURUZS is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. 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 Feb 10th, 2020 at 10440.93
The intermediate-term trend has been DOWN since Jan 20th, 2020 at 10582.87
The short-term trend has been DOWN since Jan 24th, 2020 at 10595.76
Smart Scan Analysis for EURUZS
Based on our trend formula, EURUZS is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).