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Forex Trend Analysis Report

Prepared for you on Wednesday, November 25, 2020.

Euro/ (FOREX:EURMZN)

Countertrend Up (+85) - EURMZN is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

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
87.735 87.735 87.735 87.735 0.000
Entry Signal

MarketClub’s Trade Triangles for EURMZN

long term up The long-term trend has been UP since Nov 4th, 2019 at 69.600

intermediate term up The intermediate-term trend has been UP since Oct 27th, 2020 at 85.220

short term up The short-term trend has been UP since Nov 5th, 2020 at 86.065

Smart Scan Analysis for EURMZN

Based on our trend formula, EURMZN is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+80
Smart Scan Analysis for EURMZN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
87.735 87.735 87.735 87.735 0.000
Prev. Close Volume Bid Ask Time
87.735 86.870 88.600 2020-11-25 05:06:17
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