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Forex Trend Analysis Report

Prepared for you on Wednesday, January 19, 2022.

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.

FOREX_EURUSD
Open High Low EURUSD Price Change
1.132915 1.134950 1.132725 1.134555 +0.001640
Entry Signal

MarketClub’s Trade Triangles for EURUSD

long term down The long-term trend has been DOWN since Aug 8th, 2021 at 1.175255

intermediate term up The intermediate-term trend has been UP since Dec 29th, 2021 at 1.135970

short term down The short-term trend has been DOWN since Jan 17th, 2022 at 1.139875

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).

-65
Smart Scan Analysis for EURUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.132915 1.134950 1.132725 1.134555 +0.001640
Prev. Close Volume Bid Ask Time
1.132915 2022-01-19 06:19:07
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