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Forex Trend Analysis Report

Prepared for you on Saturday, April 10, 2021.

Special drawing rights/Euro (FOREX:XDREUR)

Weak Downtrend (-65) - XDREUR is showing signs of a strengthening downtrend. Monitor XDREUR as it may be building momentum to the downside.

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

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

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

FOREX_XDREUR
Open High Low XDREUR Price Change
1.1976048 1.1976048 1.1976048 1.1976048 0.0000000
Entry Signal

MarketClub’s Trade Triangles for XDREUR

long term up The long-term trend has been UP since Mar 5th, 2021 at 1.1973180

intermediate term down The intermediate-term trend has been DOWN since Apr 10th, 2021 at 1.1978917

short term down The short-term trend has been DOWN since Apr 6th, 2021 at 1.2074378

Smart Scan Analysis for XDREUR

Based on our trend formula, XDREUR is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for XDREUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.1976048 1.1976048 1.1976048 1.1976048 0.0000000
Prev. Close Volume Bid Ask Time
1.1976048 2021-04-10 08:06:59
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