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Forex Trend Analysis Report

Prepared for you on Friday, March 29, 2024.

Australian Dollar/Euro (FOREX:AUDEUR)

Sidelines Mode (-55) - AUDEUR 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 AUDEUR?

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

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

FOREX_AUDEUR
Open High Low AUDEUR Price Change
0.604325 0.605000 0.603400 0.604600 +0.000275
Entry Signal

MarketClub’s Trade Triangles for AUDEUR

long term down The long-term trend has been DOWN since Mar 5th, 2024 at 0.598800

intermediate term down The intermediate-term trend has been DOWN since Jan 8th, 2024 at 0.610400

short term up The short-term trend has been UP since Mar 20th, 2024 at 0.604505

Smart Scan Analysis for AUDEUR

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

-55
Smart Scan Analysis for AUDEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.604325 0.605000 0.603400 0.604600 +0.000275
Prev. Close Volume Bid Ask Time
0.604325 2024-03-29 08:50:31
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