Volatility for eurtry has been contracting over the past two weeks relative to volatility over the past month.
As for the alignment of the moving averages, well, it’s a bit mixed up; the 20, 50, 100, and 200 do not progress from largest to smallest, or vice versa.
The closest is the 20 day average, which is 998.8 pips away.
The closest is the 20 day average, which is 749.5 pips away.
This is a reversal of the price action on the previous hour, in which price moved up.
The closest is the 20 day average, which is 1875.7 pips away.
Price action traders may also wish to note that we see a doji candlestick pattern on eurtry.
Regarding the trend, note that the strongest trend exists on the 50 hour timeframe.
The closest is the 100 day average, which is 1261 pips away.
Or to simplify this another way, note that out of the past 14 days eurtry’s price has gone down 9 them.