Forex Trend Analysis Report
Prepared for you on Friday, April 3, 2020.
Countertrend Down (-85) - EURUZS is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score 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 Mar 25th, 2020 at 10475.44
The short-term trend has been UP since Apr 1st, 2020 at 10475.44
Smart Scan Analysis for EURUZS
Based on our trend formula, EURUZS is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).