Forex Trend Analysis Report
Prepared for you on Thursday, February 27, 2020.
Long-Term Downtrend (-90) - EURXDR is in a strong downtrend that is likely to continue. While EURXDR is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid EURXDR?
MarketClub looks at technical strength and momentum to determine if the timing is right for EURXDR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for EURXDR
The long-term trend has been DOWN since Jan 22nd, 2020 at 0.8039
The intermediate-term trend has been DOWN since Jan 22nd, 2020 at 0.8039
The short-term trend has been DOWN since Feb 5th, 2020 at 0.8022
Smart Scan Analysis for EURXDR
Based on our trend formula, EURXDR is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).