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Forex Trend Analysis Report

Prepared for you on Monday, October 25, 2021.

Euro/US Dollar (FOREX:EURUSD)

Weak Downtrend (-65) - EURUSD is showing signs of a strengthening downtrend. Monitor EURUSD as it may be building momentum to the downside.

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.

FOREX_EURUSD
Open High Low EURUSD Price Change
1.16645 1.16665 1.15927 1.16105 -0.00540
Entry Signal

MarketClub’s Trade Triangles for EURUSD

long term down The long-term trend has been DOWN since Aug 8th, 2021 at 1.175255

intermediate term down The intermediate-term trend has been DOWN since Sep 19th, 2021 at 1.172450

short term down The short-term trend has been DOWN since Oct 25th, 2021 at 1.162025

Smart Scan Analysis for EURUSD

Based on our trend formula, EURUSD is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for EURUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.16645 1.16665 1.15927 1.16105 -0.00540
Prev. Close Volume Bid Ask Time
1.16645 2021-10-25 13:31:52
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