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Forex Trend Analysis Report
Prepared for you on Friday, April 19, 2024.
Euro/Surinamese Dollar (FOREX:EURSRD)
Strong Downtrend (-100) - EURSRD is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, EURSRD continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid EURSRD?
MarketClub looks at technical strength and momentum to determine if the timing is right for EURSRD.
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 EURSRD
The long-term trend has been DOWN since Oct 3rd, 2023 at 40.4440
The intermediate-term trend has been DOWN since Dec 11th, 2023 at 40.7465
The short-term trend has been DOWN since Dec 11th, 2023 at 40.7465
Smart Scan Analysis for EURSRD
Based on our trend formula, EURSRD is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 36.9545 | 36.9545 | 36.9545 | 36.9545 | 0.0000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 36.9545 | 36.6300 | 37.2790 | 2024-04-17 09:56:47 |