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Forex Trend Analysis Report

Prepared for you on Tuesday, March 9, 2021.

Euro/Special drawing rights (FOREX:EURXDR)

Strong Downtrend (-100) - EURXDR is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. 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
0.8311 0.8311 0.8311 0.8311 0.0000
Entry Signal

MarketClub’s Trade Triangles for EURXDR

long term down The long-term trend has been DOWN since Mar 5th, 2021 at 0.8352

intermediate term down The intermediate-term trend has been DOWN since Mar 5th, 2021 at 0.8352

short term down The short-term trend has been DOWN since Mar 5th, 2021 at 0.8423

Smart Scan Analysis for EURXDR

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

-100
Smart Scan Analysis for EURXDR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.8311 0.8311 0.8311 0.8311 0.0000
Prev. Close Volume Bid Ask Time
0.8306 2021-03-07 21:00:31
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