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Forex Trend Analysis Report

Prepared for you on Sunday, October 21, 2018.

Euro/Burundi Franc (FOREX:EURBIF)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very tight money management stops.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

FOREX_EURBIF
Open High Low EURBIF Price Change
2046.8 2046.8 2046.8 2046.8 0.0
Entry Signal

MarketClub’s Trade Triangles for EURBIF

long term up The long term trend has been UP since Sep 23rd, 2018 at 2084.04

intermediate term down The intermediate term trend has been DOWN since Oct 2nd, 2018 at 2051.60

short term down The short term trend has been DOWN since Sep 27th, 2018 at 2084.10

Smart Scan Analysis for EURBIF

Based on a pre-defined weighted trend formula for chart analysis, EURBIF scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-70
Smart Scan Analysis for EURBIF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2046.8 2046.8 2046.8 2046.8 0.0
Prev. Close Volume Bid Ask Time
2046.8 2018.8 2074.8 2018-10-18 21:30:01
Want to analyze Euro/Burundi Franc EURBIF or another symbol? Try our Free Forex Trend Analysis Report.