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.
MarketClub’s Trade Triangles for XDREUR
The long-term trend has been UP since Mar 5th, 2021 at 1.1973180
The intermediate-term trend has been DOWN since Apr 10th, 2021 at 1.1978917
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).