Forex Trend Analysis Report
Prepared for you on Monday, December 11, 2023.
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 Nov 21st, 2022 at 11240.52
The intermediate-term trend has been UP since Oct 18th, 2023 at 12876.00
The short-term trend has been DOWN since Dec 1st, 2023 at 13420.00
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).