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Forex Trend Analysis Report

Prepared for you on Saturday, August 18, 2018.

Euro/Burundi Franc (FOREX:EURBIF)

Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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
2017.8 2017.8 2017.8 2017.8 0.0
Entry Signal

MarketClub’s Trade Triangles for EURBIF

long term down The long term trend has been DOWN since Apr 24th, 2018 at 2152.35

intermediate term down The intermediate term trend has been DOWN since Aug 5th, 2018 at 2049.40

short term down The short term trend has been DOWN since Aug 2nd, 2018 at 2065.10

Smart Scan Analysis for EURBIF

Based on a pre-defined weighted trend formula for chart analysis, EURBIF scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-90
Smart Scan Analysis for EURBIF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2017.8 2017.8 2017.8 2017.8 0.0
Prev. Close Volume Bid Ask Time
2017.8 1989.8 2045.8 2018-08-14 21:13:23
Want to analyze Euro/Burundi Franc EURBIF or another symbol? Try our Free Forex Trend Analysis Report.