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.
MarketClub’s Trade Triangles for EURAUD
The long-term trend has been DOWN since Oct 14th, 2021 at 1.561665
The intermediate-term trend has been DOWN since Oct 3rd, 2021 at 1.594135
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).