Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Thursday, November 21, 2024.
US Dollar/Euro (FOREX:USDEUR)
Strong Uptrend (+100) - USDEUR is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, USDEUR continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid USDEUR?
MarketClub looks at technical strength and momentum to determine if the timing is right for USDEUR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for USDEUR
The long-term trend has been UP since Nov 5th, 2024 at 0.929275
The intermediate-term trend has been UP since Oct 4th, 2024 at 0.908940
The short-term trend has been UP since Nov 20th, 2024 at 0.950160
Smart Scan Analysis for USDEUR
Based on our trend formula, USDEUR is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.947950 | 0.955845 | 0.947450 | 0.954965 | +0.007015 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.947950 | 2024-11-21 19:49:27 |