Forex Trend Analysis Report
Prepared for you on Monday, December 4, 2023.
Euro/Surinamese Dollar (FOREX:EURSRD)
Crossroads (-60) - EURSRD is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
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.
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 UP since Oct 31st, 2023 at 40.1270
The short-term trend has been UP since Oct 25th, 2023 at 39.8525
Smart Scan Analysis for EURSRD
Based on our trend formula, EURSRD is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).