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Forex Trend Analysis Report

Prepared for you on Monday, March 1, 2021.

US Dollar/Euro (FOREX:USDEUR)

Weak Downtrend (-65) - USDEUR is showing signs of a strengthening downtrend. Monitor USDEUR as it may be building momentum to the downside.

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
0.828035 0.831295 0.826935 0.829995 +0.001960
Entry Signal

MarketClub’s Trade Triangles for USDEUR

long term down The long-term trend has been DOWN since Jul 14th, 2020 at 0.875555

intermediate term down The intermediate-term trend has been DOWN since Feb 22nd, 2021 at 0.821659

short term up The short-term trend has been UP since Feb 26th, 2021 at 0.825775

Smart Scan Analysis for USDEUR

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

-65
Smart Scan Analysis for USDEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.828035 0.831295 0.826935 0.829995 +0.001960
Prev. Close Volume Bid Ask Time
0.828035 2021-03-01 12:15:55
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