Forex Trend Analysis Report
Prepared for you on Monday, August 15, 2022.
Australian Dollar/Euro (FOREX:AUDEUR)
Long-Term Uptrend (+90) - AUDEUR is in a strong uptrend that is likely to continue. While AUDEUR is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
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 Aug 11th, 2022 at 0.6891700
The intermediate-term trend has been UP since Jul 7th, 2022 at 0.6733569
The short-term trend has been UP since Aug 10th, 2022 at 0.6861000
Smart Scan Analysis for AUDEUR
Based on our trend formula, AUDEUR is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).