Forex Trend Analysis Report
Prepared for you on Wednesday, October 28, 2020.
Weak Downtrend (-65) - EURAZN is showing signs of a strengthening downtrend. Monitor EURAZN as it may be building momentum to the downside.
Is it time to buy, sell, or avoid EURAZN?
MarketClub looks at technical strength and momentum to determine if the timing is right for EURAZN.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for EURAZN
The long-term trend has been UP since Jun 8th, 2020 at 1.9074
The intermediate-term trend has been DOWN since Sep 28th, 2020 at 2.0092
The short-term trend has been DOWN since Sep 28th, 2020 at 2.0092
Smart Scan Analysis for EURAZN
Based on our trend formula, EURAZN is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).