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Forex Trend Analysis Report
Prepared for you on Wednesday, February 5, 2025.
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.
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MarketClub’s Trade Triangles for EURAUD
The long-term trend has been UP since Dec 10th, 2024 at 1.663860
The intermediate-term trend has been UP since Jan 24th, 2025 at 1.679505
The short-term trend has been DOWN since Feb 2nd, 2025 at 1.663500
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.661000 | 1.661100 | 1.660055 | 1.660135 | -0.000865 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.661000 | 2025-02-05 00:47:24 |