Index Trend Analysis Report
Prepared for you on Thursday, June 24, 2021.
SPOT EURUSD (INDEX) (NASDAQ:EUU)
Sidelines Mode (+55) - EUU 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 EUU?
MarketClub looks at technical strength and momentum to determine if the timing is right for EUU.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for EUU
The long-term trend has been UP since May 25th, 2021 at 122.43
The intermediate-term trend has been DOWN since Jun 11th, 2021 at 121.12
The short-term trend has been UP since Jun 22nd, 2021 at 119.52
Smart Scan Analysis for EUU
Based on our trend formula, EUU is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||125.37||52wk High Date||2018-01-25|
|52wk Low||112.16||52wk Low Date||2018-11-12|