Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Friday, June 21, 2024.

Euro/Special drawing rights (FOREX:EURXDR)

Weak Downtrend (-65) - EURXDR is showing signs of a strengthening downtrend. Monitor EURXDR as it may be building momentum to the downside.

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.

FOREX_EURXDR
Open High Low EURXDR Price Change
0.8106 0.8106 0.8106 0.8106 0.0000
Entry Signal

MarketClub’s Trade Triangles for EURXDR

long term up The long-term trend has been UP since May 16th, 2024 at 0.8212

intermediate term down The intermediate-term trend has been DOWN since Jun 10th, 2024 at 0.8174

short term down The short-term trend has been DOWN since Jun 21st, 2024 at 0.8108

Smart Scan Analysis for EURXDR

Based on our trend formula, EURXDR is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for EURXDR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.8106 0.8106 0.8106 0.8106 0.0000
Prev. Close Volume Bid Ask Time
0.8106 2024-06-21 21:58:41
Get a free daily analysis and signals for Euro/Special drawing rights (EURXDR) - Request Your Free Report.