Forex Trend Analysis Report
Prepared for you on Monday, October 25, 2021.
Weak Downtrend (-65) - RSDEUR is showing signs of a strengthening downtrend. Monitor RSDEUR as it may be building momentum to the downside.
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 UP since Aug 2nd, 2021 at 0.00850791
The intermediate-term trend has been DOWN since Oct 22nd, 2021 at 0.00850573
The short-term trend has been DOWN since Oct 22nd, 2021 at 0.00850718
Smart Scan Analysis for RSDEUR
Based on our trend formula, RSDEUR is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).