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Forex Trend Analysis Report

Prepared for you on Thursday, February 27, 2020.

Euro/ (FOREX:EURXDR)

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.

FOREX_EURXDR
Open High Low EURXDR Price Change
0.795 0.795 0.795 0.795 0.000
Entry Signal

MarketClub’s Trade Triangles for EURXDR

long term down The long-term trend has been DOWN since Jan 22nd, 2020 at 0.8039

intermediate term down The intermediate-term trend has been DOWN since Jan 22nd, 2020 at 0.8039

short term down 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).

-90
Smart Scan Analysis for EURXDR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.795 0.795 0.795 0.795 0.000
Prev. Close Volume Bid Ask Time
0.797 0.795 0.795 2020-02-25 07:23:09
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