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Forex Trend Analysis Report

Prepared for you on Saturday, May 25, 2024.

Euro/Australian Dollar (FOREX:EURAUD)

Weak Downtrend (-65) - EURAUD is showing signs of a strengthening downtrend. Monitor EURAUD as it may be building momentum to the downside.

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
1.6383 1.6383 1.6383 1.6383 0.0000
Entry Signal

MarketClub’s Trade Triangles for EURAUD

long term down The long-term trend has been DOWN since May 3rd, 2024 at 1.629185

intermediate term down The intermediate-term trend has been DOWN since Apr 26th, 2024 at 1.637155

short term up The short-term trend has been UP since May 20th, 2024 at 1.631590

Smart Scan Analysis for EURAUD

Based on our trend formula, EURAUD is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-65
Smart Scan Analysis for EURAUD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.6383 1.6383 1.6383 1.6383 0.0000
Prev. Close Volume Bid Ask Time
1.6383 2024-05-25 03:31:13
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