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Forex Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
Euro/Brunei Dollar (FOREX:EURBND)
Sidelines Mode (+55) - EURBND is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid EURBND?
MarketClub looks at technical strength and momentum to determine if the timing is right for EURBND.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for EURBND
The long-term trend has been UP since Apr 9th, 2024 at 1.4621
The intermediate-term trend has been DOWN since Apr 12th, 2024 at 1.4535
The short-term trend has been UP since Apr 28th, 2024 at 1.4523
Smart Scan Analysis for EURBND
Based on our trend formula, EURBND is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.4525 | 1.4525 | 1.4525 | 1.4525 | 0.0000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.4575 | 2024-05-06 01:56:07 |