Forex Trend Analysis Report
Prepared for you on Thursday, April 22, 2021.
Sidelines Mode (+50) - EURUZS is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until EURUZS can gain momentum.
Is it time to buy, sell, or avoid EURUZS?
MarketClub looks at technical strength and momentum to determine if the timing is right for EURUZS.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for EURUZS
The long-term trend has been DOWN since Mar 5th, 2021 at 12481.68
The intermediate-term trend has been UP since Apr 18th, 2021 at 12479.10
The short-term trend has been UP since Apr 6th, 2021 at 12306.91
Smart Scan Analysis for EURUZS
Based on our trend formula, EURUZS is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).