Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Thursday, July 18, 2024.

Australian Dollar/Euro (FOREX:AUDEUR)

Crossroads (-60) - AUDEUR is struggling to move into a solid trend. Beware of choppy markets 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
0.616095 0.616400 0.615900 0.616245 +0.000150
Entry Signal

MarketClub’s Trade Triangles for AUDEUR

long term up The long-term trend has been UP since May 3rd, 2024 at 0.6138

intermediate term down The intermediate-term trend has been DOWN since Jul 16th, 2024 at 0.6180

short term down The short-term trend has been DOWN since Jul 11th, 2024 at 0.6214

Smart Scan Analysis for AUDEUR

Based on our trend formula, AUDEUR is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for AUDEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.616095 0.616400 0.615900 0.616245 +0.000150
Prev. Close Volume Bid Ask Time
0.616095 2024-07-18 01:14:28
Get a free daily analysis and signals for Australian Dollar/Euro (AUDEUR) - Request Your Free Report.