Free Daily Analysis

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.

FOREX_EURSRD
Open High Low EURSRD Price Change
41.1925 41.1925 41.1925 41.1925 0.0000
Entry Signal

MarketClub’s Trade Triangles for EURSRD

long term down The long-term trend has been DOWN since Oct 3rd, 2023 at 40.4440

intermediate term up The intermediate-term trend has been UP since Oct 31st, 2023 at 40.1270

short term up 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).

-60
Smart Scan Analysis for EURSRD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
41.1925 41.1925 41.1925 41.1925 0.0000
Prev. Close Volume Bid Ask Time
40.8950 40.6850 41.7000 2023-11-23 09:09:29
Get a free daily analysis and signals for Euro/Surinamese Dollar (EURSRD) - Request Your Free Report.