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Forex Trend Analysis Report

Prepared for you on Thursday, August 18, 2022.

/Euro (FOREX:RSDEUR)

Weak Uptrend (+65) - RSDEUR is showing signs of weakening momentum to the upside. Monitor RSDEUR as it may be in the beginning stages of a reversal.

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.

FOREX_RSDEUR
Open High Low RSDEUR Price Change
0.00851826 0.00852436 0.00851420 0.00851986 +0.00000200
Entry Signal

MarketClub’s Trade Triangles for RSDEUR

long term up The long-term trend has been UP since Jul 11th, 2022 at 0.00854753

intermediate term up The intermediate-term trend has been UP since Jul 11th, 2022 at 0.00854702

short term down The short-term trend has been DOWN since Aug 9th, 2022 at 0.00851724

Smart Scan Analysis for RSDEUR

Based on our trend formula, RSDEUR is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+65
Smart Scan Analysis for RSDEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00851826 0.00852436 0.00851420 0.00851986 +0.00000200
Prev. Close Volume Bid Ask Time
0.00851826 2022-08-18 07:53:22
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