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Forex Trend Analysis Report

Prepared for you on Saturday, December 21, 2024.

Euro/Australian Dollar (FOREX:EURAUD)

Strong Uptrend (+100) - EURAUD is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, EURAUD continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.

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
1.6685 1.6686 1.6679 1.6686 +0.0001
Entry Signal

MarketClub’s Trade Triangles for EURAUD

long term up The long-term trend has been UP since Dec 10th, 2024 at 1.663860

intermediate term up The intermediate-term trend has been UP since Dec 3rd, 2024 at 1.636145

short term up The short-term trend has been UP since Nov 25th, 2024 at 1.619830

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
1.6685 1.6686 1.6679 1.6686 +0.0001
Prev. Close Volume Bid Ask Time
1.6685 2024-12-21 08:47:22
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