Free Daily Analysis

Index Trend Analysis Report

Prepared for you on Tuesday, April 13, 2021.

iPath EUR/USD Exchange Rate ETN (GIF:EROTF)

Sidelines Mode (-55) - EROTF is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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

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

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

GIF_EROTF
Open High Low EROTF Price Change
42.856 43.026 42.856 43.008 +0.095
Entry Signal

MarketClub’s Trade Triangles for EROTF

long term down The long-term trend has been DOWN since Mar 4th, 2021 at 43.156

intermediate term down The intermediate-term trend has been DOWN since Mar 4th, 2021 at 43.236

short term up The short-term trend has been UP since Apr 5th, 2021 at 42.423

Smart Scan Analysis for EROTF

Based on our trend formula, EROTF is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for EROTF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
42.856 43.026 42.856 43.008 +0.095
Prev. Close Volume Bid Ask Time
42.913 0 2021-04-13 13:01:45
Get a free daily analysis and signals for iPath EUR/USD Exchange Rate ETN (EROTF) - Request Your Free Report.