Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
Euro/Burundi Franc (FOREX:EURBIF)
Crossroads (-60) - EURBIF 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 EURBIF?
MarketClub looks at technical strength and momentum to determine if the timing is right for EURBIF.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for EURBIF
The long-term trend has been DOWN since Apr 22nd, 2024 at 3057.2
The intermediate-term trend has been UP since May 5th, 2024 at 3075.6
The short-term trend has been UP since Apr 25th, 2024 at 3059.1
Smart Scan Analysis for EURBIF
Based on our trend formula, EURBIF is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 3080.7 | 3080.7 | 3080.7 | 3080.7 | 0.0 |
| Prev. Close | Volume | Bid | Ask | Time |
| 3079.4 | 2024-05-06 01:56:07 |