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Forex Trend Analysis Report

Prepared for you on Monday, March 1, 2021.

/Euro (FOREX:RSDEUR)

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.

FOREX_RSDEUR
Open High Low RSDEUR Price Change
0.00850791 0.00850791 0.00850791 0.00850791 0.00000000
Entry Signal

MarketClub’s Trade Triangles for RSDEUR

long term down The long-term trend has been DOWN since Jan 19th, 2021 at 0.00847078

intermediate term up The intermediate-term trend has been UP since Feb 24th, 2021 at 0.00850718

short term up 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).

+50
Smart Scan Analysis for RSDEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00850791 0.00850791 0.00850791 0.00850791 0.00000000
Prev. Close Volume Bid Ask Time
0.00850791 2021-02-28 21:18:35
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