Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Tuesday, December 3, 2024.
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.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for EURXDR
The long-term trend has been DOWN since Oct 10th, 2024 at 0.8148
The intermediate-term trend has been UP since Dec 1st, 2024 at 0.8053
The short-term trend has been UP since Nov 27th, 2024 at 0.8031
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.808 | 0.808 | 0.808 | 0.808 | 0.000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.801 | 2024-12-01 21:06:30 |