Forex Trend Analysis Report
Prepared for you on Monday, May 10, 2021.
Countertrend Up (+85) - EURSLL 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 EURSLL?
MarketClub looks at technical strength and momentum to determine if the timing is right for EURSLL.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for EURSLL
The long-term trend has been UP since Mar 9th, 2020 at 10921.76
The intermediate-term trend has been UP since Apr 18th, 2021 at 12242.05
The short-term trend has been UP since Apr 18th, 2021 at 12206.38
Smart Scan Analysis for EURSLL
Based on our trend formula, EURSLL is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).