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Index Trend Analysis Report

Prepared for you on Thursday, April 22, 2021.

Invesco CurrencyShares Euro Currency Trust (GIF:FXE)

Crossroads (+60) - FXE is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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

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

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

GIF_FXE
Open High Low FXE Price Change
112.84 113.02 112.53 112.53 -0.17
Entry Signal

MarketClub’s Trade Triangles for FXE

long term down The long-term trend has been DOWN since Mar 4th, 2021 at 112.22

intermediate term up The intermediate-term trend has been UP since Apr 14th, 2021 at 112.00

short term up The short-term trend has been UP since Apr 5th, 2021 at 110.40

Smart Scan Analysis for FXE

Based on our trend formula, FXE is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for FXE
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
112.84 113.02 112.53 112.53 -0.17
Prev. Close Volume Bid Ask Time
112.70 0 2021-04-22 10:14:45
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