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Forex Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
Euro/ (FOREX:EURBTN)
Crossroads (+60) - EURBTN 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 EURBTN?
MarketClub looks at technical strength and momentum to determine if the timing is right for EURBTN.
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 EURBTN
The long-term trend has been DOWN since Apr 15th, 2024 at 89.1874
The intermediate-term trend has been UP since May 7th, 2024 at 89.6550
The short-term trend has been UP since May 3rd, 2024 at 89.5369
Smart Scan Analysis for EURBTN
Based on our trend formula, EURBTN is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 89.9263 | 89.9263 | 89.9263 | 89.9263 | 0.0000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 89.7701 | 2024-05-07 21:05:08 |