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CurrencyShares Euro Trust Trading Lower Today on Above-Average Volume (FXE)

By Shiri Gupta

CurrencyShares Euro Trust's stock is down 0.4% to $105.85 on heavy trading volume. About 542,000 shares have been traded today, as compared to the 30-day average volume of 314,000 shares. Unusually high volume can signify a potential turning point or validate a breakout.

SmarTrend is monitoring the recent change of momentum in CurrencyShares Euro Trust. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of CurrencyShares Euro Trust in search of a potential trend change.

In the past 52 weeks, shares of CurrencyShares Euro Trust have traded between a low of $103.36 and a high of $114.81 and are now at $105.81, which is 2% above that low price. Over the past week, the 200-day moving average (MA) has remained constant while the 50-day MA has advanced 0.3%.

Keywords: unusual volume currencyshares euro trust

Ticker(s): FXE