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Forex Trend Analysis Report

Prepared for you on Monday, January 24, 2022.

/Euro (FOREX:SLLEUR)

Long-Term Downtrend (-90) - SLLEUR is in a strong downtrend that is likely to continue. While SLLEUR is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

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

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

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

FOREX_SLLEUR
Open High Low SLLEUR Price Change
0.00007771 0.00007771 0.00007771 0.00007771 0.00000000
Entry Signal

MarketClub’s Trade Triangles for SLLEUR

long term down The long-term trend has been DOWN since Oct 25th, 2021 at 0.00008010

intermediate term down The intermediate-term trend has been DOWN since Dec 9th, 2021 at 0.00007950

short term down The short-term trend has been DOWN since Jan 10th, 2022 at 0.00007773

Smart Scan Analysis for SLLEUR

Based on our trend formula, SLLEUR is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for SLLEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00007771 0.00007771 0.00007771 0.00007771 0.00000000
Prev. Close Volume Bid Ask Time
0.00007771 2022-01-10 07:18:19
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