Euro to IRR Today: Pullback Interrupts Recent Advance as Price Settles Near 3,006,500
The Euro (EUR/IRR) experienced a downward session on October 24, 2026, snapping a sequence of recent gains. The currency pair opened at 3,050,200.0 IRR, matc...
Market Summary
The Euro (EUR/IRR) experienced a downward session on October 24, 2026, snapping a sequence of recent gains. The currency pair opened at 3,050,200.0 IRR, matching its session high before sliding to a low of 3,004,900.0 IRR, and ultimately settling the day at 3,006,500.0 IRR.
Interactive price chart
Market Analysis
The latest trading session recorded a single-day decline following a stretch of higher closes observed in prior sessions, such as October 22 when the pair closed at 3,053,600.0 IRR after reaching a high of 3,072,600.0 IRR. Despite the intraday pullback toward the 3,004,900.0 IRR level, the broader market structure remains classified as bullish. Price action continues to hold above major benchmark moving averages, maintaining distance from the 52-week low while sitting approximately 2.15% below the 52-week high of 3,072,600.0 IRR.
Technical Highlights
Momentum remains moderately positive, indicated by the 14-day Relative Strength Index (RSI) holding above its neutral level at 61.29. The Average Directional Index (ADX) at 34.95 points to an established trend strength, supported by the positive directional indicator (+DI) reading of 40.18 outpacing the negative directional indicator (-DI) at 25.63.
The spot price remains positioned above the 20-day, 50-day, and 200-day simple moving averages, reinforcing the longer-term upward market structure. Meanwhile, the Moving Average Convergence Divergence (MACD) histogram prints a negative value of -8,879.37, reflecting short-term consolidation within the broader trend. Volatility over the trailing 30-day window is measured at 1.51%.
Conclusion
The Euro (EUR/IRR) pulled back during the latest session to close at 3,006,500.0 IRR, interrupting its recent advance while preserving an overall bullish market structure above key moving averages. The available market data alone do not indicate the underlying cause of the observed price movement.
Live rates
Track the latest Euro (EUR/IRR) session on Iran Market Data.