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Forex Trend Analysis Report
Prepared for you on Wednesday, February 5, 2025.
Euro/ (FOREX:EURRSD)
Weak Uptrend (+65) - EURRSD is showing signs of weakening momentum to the upside. Monitor 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 UP since Jan 8th, 2025 at 117.075
The intermediate-term trend has been UP since Dec 31st, 2024 at 117.016
The short-term trend has been DOWN since Feb 3rd, 2025 at 117.117
Smart Scan Analysis for EURRSD
Based on our trend formula, EURRSD is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 117.125 | 117.125 | 117.090 | 117.090 | -0.035 |
| Prev. Close | Volume | Bid | Ask | Time |
| 117.095 | 2025-02-04 21:31:53 |