Forex Trend Analysis Report
Prepared for you on Friday, November 27, 2020.
Countertrend Up (+85) - EURUZS is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
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 Nov 9th, 2020 at 12288.45
The short-term trend has been UP since Nov 9th, 2020 at 12135.71
Smart Scan Analysis for EURUZS
Based on our trend formula, EURUZS is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).