Forex Trend Analysis Report
Prepared for you on Sunday, March 7, 2021.
Australian Dollar/Euro (FOREX:AUDEUR)
Bull Market Weakness (+75) - AUDEUR is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on AUDEUR as it may be in the beginning stages of a reversal.
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 Nov 24th, 2020 at 0.62012
The intermediate-term trend has been UP since Feb 14th, 2021 at 0.64060
The short-term trend has been DOWN since Mar 5th, 2021 at 0.64300
Smart Scan Analysis for AUDEUR
Based on our trend formula, AUDEUR is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).