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Forex Trend Analysis Report

Prepared for you on Saturday, December 2, 2023.

/Euro (FOREX:RSDEUR)

Bear Market Rally (-75) - RSDEUR is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on RSDEUR as it may be in the beginning of a reversal.

Is it time to buy, sell, or avoid RSDEUR?

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

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

FOREX_RSDEUR
Open High Low RSDEUR Price Change
0.00852879 0.00852879 0.00852879 0.00852879 0.00000000
Entry Signal

MarketClub’s Trade Triangles for RSDEUR

long term down The long-term trend has been DOWN since Oct 9th, 2023 at 0.00852225

intermediate term up The intermediate-term trend has been UP since Oct 11th, 2023 at 0.00853753

short term down The short-term trend has been DOWN since Nov 29th, 2023 at 0.00853339

Smart Scan Analysis for RSDEUR

Based on our trend formula, RSDEUR is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for RSDEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00852879 0.00852879 0.00852879 0.00852879 0.00000000
Prev. Close Volume Bid Ask Time
0.00852879 2023-12-02 06:46:35
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