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Forex Trend Analysis Report
Prepared for you on Friday, April 19, 2024.
Euro/Australian Dollar (FOREX:EURAUD)
Long-Term Uptrend (+90) - EURAUD is in a strong uptrend that is likely to continue. While EURAUD is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
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 Mar 5th, 2024 at 1.669800
The intermediate-term trend has been UP since Apr 18th, 2024 at 1.662565
The short-term trend has been UP since Apr 10th, 2024 at 1.650600
Smart Scan Analysis for EURAUD
Based on our trend formula, EURAUD is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.664740 | 1.665070 | 1.658535 | 1.662600 | -0.002140 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.664740 | 2024-04-19 22:30:18 |