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Index Trend Analysis Report

Prepared for you on Tuesday, March 2, 2021.

iPath EUR/USD Exchange Rate ETN (GIF:EROTF)

Sidelines Mode (+55) - EROTF is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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

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

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

GIF_EROTF
Open High Low EROTF Price Change
43.823 43.823 43.427 43.617 +0.136
Entry Signal

MarketClub’s Trade Triangles for EROTF

long term up The long-term trend has been UP since Jul 15th, 2020 at 41.338

intermediate term up The intermediate-term trend has been UP since Feb 10th, 2021 at 44.041

short term down The short-term trend has been DOWN since Feb 26th, 2021 at 43.719

Smart Scan Analysis for EROTF

Based on our trend formula, EROTF is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for EROTF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
43.823 43.823 43.427 43.617 +0.136
Prev. Close Volume Bid Ask Time
43.481 0 2021-03-02 18:57:15
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