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Forex Trend Analysis Report

Prepared for you on Monday, March 30, 2020.

Euro/Australian Dollar (FOREX:EURAUD)

Sidelines Mode (+55) - EURAUD is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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
1.805335 1.810000 1.797595 1.797845 -0.007490
Entry Signal

MarketClub’s Trade Triangles for EURAUD

long term up The long-term trend has been UP since Jan 30th, 2020 at 1.643250

intermediate term up The intermediate-term trend has been UP since Feb 26th, 2020 at 1.659750

short term down The short-term trend has been DOWN since Mar 20th, 2020 at 1.803835

Smart Scan Analysis for EURAUD

Based on our trend formula, EURAUD is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for EURAUD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.805335 1.810000 1.797595 1.797845 -0.007490
Prev. Close Volume Bid Ask Time
1.805335 1.797610 1.798080 2020-03-30 05:55:22
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