Forex Trend Analysis Report
Prepared for you on Monday, March 1, 2021.
Sidelines Mode (+50) - RSDEUR is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until RSDEUR can gain momentum.
Is it time to buy, sell, or avoid RSDEUR?
MarketClub looks at technical strength and momentum to determine if the timing is right for RSDEUR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for RSDEUR
The long-term trend has been DOWN since Jan 19th, 2021 at 0.00847078
The intermediate-term trend has been UP since Feb 24th, 2021 at 0.00850718
The short-term trend has been UP since Feb 8th, 2021 at 0.00850429
Smart Scan Analysis for RSDEUR
Based on our trend formula, RSDEUR is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).