Forex Trend Analysis Report
Prepared for you on Tuesday, March 19, 2024.
Euro/US Dollar (FOREX:EURUSD)
Weak Uptrend (+65) - EURUSD is showing signs of weakening momentum to the upside. Monitor EURUSD as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid EURUSD?
MarketClub looks at technical strength and momentum to determine if the timing is right for EURUSD.
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 EURUSD
The long-term trend has been UP since Dec 22nd, 2023 at 1.101850
The intermediate-term trend has been UP since Mar 6th, 2024 at 1.088795
The short-term trend has been DOWN since Mar 14th, 2024 at 1.090285
Smart Scan Analysis for EURUSD
Based on our trend formula, EURUSD is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
Open | High | Low | Price | Change |
---|---|---|---|---|
1.087105 | 1.087750 | 1.086755 | 1.087145 | +0.000040 |
Prev. Close | Volume | Bid | Ask | Time |
1.087105 | 2024-03-19 01:08:29 |