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Forex Trend Analysis Report

Prepared for you on Sunday, October 17, 2021.

US Dollar/Euro (FOREX:USDEUR)

Bull Market Weakness (+75) - USDEUR is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on USDEUR as it may be in the beginning stages of a reversal.

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
0.862135 0.862135 0.862135 0.862135 0.000000
Entry Signal

MarketClub’s Trade Triangles for USDEUR

long term up The long-term trend has been UP since Aug 8th, 2021 at 0.8508825

intermediate term up The intermediate-term trend has been UP since Sep 19th, 2021 at 0.8530000

short term down The short-term trend has been DOWN since Oct 13th, 2021 at 0.8631750

Smart Scan Analysis for USDEUR

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

+75
Smart Scan Analysis for USDEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.862135 0.862135 0.862135 0.862135 0.000000
Prev. Close Volume Bid Ask Time
0.862135 2021-10-17 03:45:54
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