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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.
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MarketClub’s Trade Triangles for EURMZN
The long-term trend has been UP since Nov 11th, 2022 at 65.916117
The intermediate-term trend has been DOWN since Feb 6th, 2023 at 68.984130
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).
| 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 |