Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Wednesday, December 11, 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.

FOREX_USDEUR
Open High Low USDEUR Price Change
0.950195 0.954195 0.948980 0.953365 +0.003170
Entry Signal

MarketClub’s Trade Triangles for USDEUR

long term up The long-term trend has been UP since Nov 5th, 2024 at 0.929275

intermediate term up The intermediate-term trend has been UP since Oct 4th, 2024 at 0.908940

short term up The short-term trend has been UP since Dec 10th, 2024 at 0.949465

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).

+100
Smart Scan Analysis for USDEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.950195 0.954195 0.948980 0.953365 +0.003170
Prev. Close Volume Bid Ask Time
0.950195 2024-12-11 14:34:41
Get a free daily analysis and signals for US Dollar/Euro (USDEUR) - Request Your Free Report.