Wednesday, February 3, 2021

Edward, EURUSD Analysis -70

Start Trial

Forex Trend Analysis Report

Prepared for Edward on Wednesday, February 3, 2021.

The Time to Invest in 5G Is NOW

AT&T has just become the first carrier to offer 5G coverage. Sprint's 5G network is live in Phoenix, New York City, Washington, D.C., and Los Angeles. T-Mobile has flipped the 5G switch in six cities... And Verizon has launched its 5G network in 13 cities. Nearly a decade in the making, 5G is finally here... And just ONE stock is your No. 1 chance to profit from the 5G revolution.

Euro/US Dollar (FOREX:EURUSD)

Weak Downtrend (-65) - EURUSD is showing signs of a strengthening downtrend. Monitor EURUSD as it may be building momentum to the downside.

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

MarketClub looks at technical strength and momentum to determine if the timing is right for EURUSD. Our Trade Triangles Technology make technical analysis as easy as buy and sell.

FOREX_EURUSD
Open High Low EURUSD Price Change
1.204325 1.204750 1.201200 1.202000 -0.002325
Entry Signal

Know when to ride the trend and when to capture profits - Learn about MarketClub's Trade Triangle Technology

MarketClub’s Trade Triangles for EURUSD

long-term up The long-term trend has been UP since Jul 14th, 2020 at 1.14215500
intermediate term down The intermediate-term trend has been DOWN since Feb 2nd, 2021 at 1.20538000
short term down The short-term trend has been DOWN since Jan 26th, 2021 at 1.21167000

Smart Scan Analysis for EURUSD

Based on our trend formula, EURUSD scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-70
Smart Scan Analysis for EURUSD
Strong Downtrend Sideways Strong Uptrend

Open High Low Price Change
1.204325 1.204750 1.201200 1.202000 -0.002325
Prev. Close Volume Bid Ask Time
1.204325 2021-02-03 06:57:01

Get the entry and exit signals for EURUSD and over 350K additional stock, futures, forex, ETF, and mutual fund markets. Start Your 30-Day MarketClub Trial.

Thank you!
Thank you for subscribing to Trend Analysis from INO.com.
You can modify your email preferences or unsubscribe here.

© Copyright 2021 MarketClub™ All rights reserved | User Agreement
INO.com, Inc. | 228 Park Avenue South, Suite 320 | New York, New York 10003

U.S. Government Required Disclaimer - Commodity Futures Trading Commission
Futures and Options trading has large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them in order to invest in the futures and options markets. Don't trade with money you can't afford to lose. This is neither a solicitation nor an offer to Buy/Sell futures or options. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this web site. The past performance of any trading system or methodology is not necessarily indicative of future results.

CFTC RULE 4.41 - HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN.

All trades, patterns, charts, systems, etc., discussed are for illustrative purposes only and not to be construed as specific advisory recommendations. All ideas and material presented are entirely those of the author and do not necessarily reflect those of the publisher or INO.com. No system or methodology has ever been developed that can guarantee profits or ensure freedom from losses. No representation or implication is being made that using the MarketClub™ methodology or system will generate profits or ensure freedom from losses. The testimonials and examples used herein are exceptional results, which do not apply to the average member, and are not intended to represent or guarantee that anyone will achieve the same or similar results. Each individual's success depends on his or her background, dedication, desire, and motivation.

No comments:

Post a Comment

Master the Ebbs and Flows of the Market

This is an absolute game changer... ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌...