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Forex Trend Analysis Report

Prepared for you on Sunday, October 17, 2021.

Euro/Australian Dollar (FOREX:EURAUD)

Strong Downtrend (-100) - EURAUD is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid EURAUD?

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

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

FOREX_EURAUD
Open High Low EURAUD Price Change
1.563575 1.563575 1.563575 1.563575 0.000000
Entry Signal

MarketClub’s Trade Triangles for EURAUD

long term down The long-term trend has been DOWN since Oct 14th, 2021 at 1.561665

intermediate term down The intermediate-term trend has been DOWN since Oct 3rd, 2021 at 1.594135

short term down The short-term trend has been DOWN since Sep 22nd, 2021 at 1.611310

Smart Scan Analysis for EURAUD

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

-100
Smart Scan Analysis for EURAUD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.563575 1.563575 1.563575 1.563575 0.000000
Prev. Close Volume Bid Ask Time
1.563575 2021-10-17 01:40:30
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