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Forex Trend Analysis Report
Prepared for you on Saturday, February 22, 2025.
Euro/Special drawing rights (FOREX:EURXDR)
Sidelines Mode (+50) - EURXDR is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until EURXDR can gain momentum.
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.
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MarketClub’s Trade Triangles for EURXDR
The long-term trend has been DOWN since Oct 10th, 2024 at 0.8148
The intermediate-term trend has been UP since Feb 5th, 2025 at 0.7951
The short-term trend has been UP since Feb 16th, 2025 at 0.7963
Smart Scan Analysis for EURXDR
Based on our trend formula, EURXDR is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.7989 | 0.7989 | 0.7989 | 0.7989 | 0.0000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.7989 | 2025-02-22 01:41:05 |