Forex Trend Analysis Report
Prepared for you on Monday, February 17, 2020.
Countertrend Up (+85) - XDREUR 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
MarketClub looks at technical strength and momentum to determine if the timing is right for XDREUR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for XDREUR
The long-term trend has been UP since Jan 22nd, 2020 at 1.2439358
The intermediate-term trend has been UP since Jan 22nd, 2020 at 1.2439358
The short-term trend has been UP since Feb 5th, 2020 at 1.2465719
Smart Scan Analysis for XDREUR
Based on our trend formula, XDREUR is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).