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Forex Trend Analysis Report

Prepared for you on Tuesday, February 7, 2023.

Euro/ (FOREX:EURMZN)

Weak Downtrend (-65) - EURMZN is showing signs of a strengthening downtrend. Monitor EURMZN as it may be building momentum to the downside.

Is it time to buy, sell, or avoid EURMZN?

MarketClub looks at technical strength and momentum to determine if the timing is right for EURMZN.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_EURMZN
Open High Low EURMZN Price Change
68.36972 68.36972 68.36972 68.36972 0.00000
Entry Signal

MarketClub’s Trade Triangles for EURMZN

long term up The long-term trend has been UP since Nov 11th, 2022 at 65.916117

intermediate term down The intermediate-term trend has been DOWN since Feb 6th, 2023 at 68.984130

short term down The short-term trend has been DOWN since Feb 6th, 2023 at 68.984130

Smart Scan Analysis for EURMZN

Based on our trend formula, EURMZN is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for EURMZN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
68.36972 68.36972 68.36972 68.36972 0.00000
Prev. Close Volume Bid Ask Time
68.36972 2023-02-07 12:49:31
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