Forex Trend Analysis Report
Prepared for you on Tuesday, October 19, 2021.
Australian Dollar/Euro (FOREX:AUDEUR)
Strong Uptrend (+100) - AUDEUR is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, AUDEUR continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
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.
MarketClub’s Trade Triangles for AUDEUR
The long-term trend has been UP since Oct 14th, 2021 at 0.640320
The intermediate-term trend has been UP since Oct 3rd, 2021 at 0.627320
The short-term trend has been UP since Oct 19th, 2021 at 0.640915
Smart Scan Analysis for AUDEUR
Based on our trend formula, AUDEUR is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).