Stock Trend Analysis Report
Prepared for you on Thursday, October 29, 2020.
Invesco CurrencyShares Euro Currency Trust (PACF: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.
MarketClub’s Trade Triangles for FXE
The long-term trend has been UP since Jul 15th, 2020 at 107.82
The intermediate-term trend has been DOWN since Oct 29th, 2020 at 109.98
The short-term trend has been DOWN since Oct 26th, 2020 at 111.19
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).
|Year High||120.65||Year High Date||2018-01-25|
|Year Low||107.47||Year Low Date||2018-11-12|
|52wk High||113.039||52wk High Date||2020-09-01|
|52wk Low||100.64||52wk Low Date||2020-03-20|
|Year End Close||130.96||Average Volume||152,480|