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Forex Trend Analysis Report
Prepared for you on Wednesday, February 5, 2025.
Euro/US Dollar (FOREX:EURUSD)
Weak Downtrend (-65) - EURUSD is showing signs of a strengthening downtrend. Monitor EURUSD as it may be building momentum to the downside.
Is it time to buy, sell, or avoid EURUSD?
MarketClub looks at technical strength and momentum to determine if the timing is right for EURUSD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for EURUSD
The long-term trend has been DOWN since Nov 5th, 2024 at 1.07617
The intermediate-term trend has been DOWN since Feb 2nd, 2025 at 1.01785
The short-term trend has been UP since Feb 5th, 2025 at 1.03875
Smart Scan Analysis for EURUSD
Based on our trend formula, EURUSD is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.037825 | 1.044125 | 1.037385 | 1.041645 | +0.003820 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.037825 | 2025-02-05 13:57:19 |