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Forex Trend Analysis Report
Prepared for you on Friday, March 24, 2023.
Euro/ (FOREX:EURRSD)
Bull Market Weakness (+75) - EURRSD is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on EURRSD as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid EURRSD?
MarketClub looks at technical strength and momentum to determine if the timing is right for EURRSD.
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 EURRSD
The long-term trend has been DOWN since Mar 14th, 2023 at 116.878
The intermediate-term trend has been UP since Mar 13th, 2023 at 117.481
The short-term trend has been UP since Mar 22nd, 2023 at 117.377
Smart Scan Analysis for EURRSD
Based on our trend formula, EURRSD is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 117.338 | 117.388 | 117.264 | 117.335 | -0.003 |
| Prev. Close | Volume | Bid | Ask | Time |
| 117.338 | 2023-03-24 07:43:03 |