Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Monday, October 25, 2021.

US Dollar/Euro (FOREX:USDEUR)

Countertrend Up (+85) - USDEUR is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

Is it time to buy, sell, or avoid USDEUR?

MarketClub looks at technical strength and momentum to determine if the timing is right for USDEUR.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_USDEUR
Open High Low USDEUR Price Change
0.857305 0.862595 0.857150 0.861785 +0.004480
Entry Signal

MarketClub’s Trade Triangles for USDEUR

long term up The long-term trend has been UP since Aug 8th, 2021 at 0.8508825

intermediate term up The intermediate-term trend has been UP since Sep 19th, 2021 at 0.8530000

short term up The short-term trend has been UP since Oct 25th, 2021 at 0.8606050

Smart Scan Analysis for USDEUR

Based on our trend formula, USDEUR is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+80
Smart Scan Analysis for USDEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.857305 0.862595 0.857150 0.861785 +0.004480
Prev. Close Volume Bid Ask Time
0.857305 2021-10-25 20:24:48
Get a free daily analysis and signals for US Dollar/Euro (USDEUR) - Request Your Free Report.