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Forex Trend Analysis Report

Prepared for you on Friday, April 23, 2021.

Euro/Special drawing rights (FOREX:EURXDR)

Crossroads (-60) - EURXDR 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 EURXDR?

MarketClub looks at technical strength and momentum to determine if the timing is right for EURXDR.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_EURXDR
Open High Low EURXDR Price Change
0.8392 0.8392 0.8392 0.8392 0.0000
Entry Signal

MarketClub’s Trade Triangles for EURXDR

long term down The long-term trend has been DOWN since Mar 5th, 2021 at 0.8352

intermediate term up The intermediate-term trend has been UP since Apr 18th, 2021 at 0.8325

short term up The short-term trend has been UP since Apr 6th, 2021 at 0.8282

Smart Scan Analysis for EURXDR

Based on our trend formula, EURXDR is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for EURXDR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.8392 0.8392 0.8392 0.8392 0.0000
Prev. Close Volume Bid Ask Time
0.8370 2021-04-18 21:07:49
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