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Forex Trend Analysis Report

Prepared for you on Sunday, August 19, 2018.

Euro/Brunei Dollar (FOREX:EURBND)

Smart Scan Chart Analysis indicates that the downward trend for this market is at a crossroads and has possibly ended. Look for choppy trading conditions in the near term Trading Range Mode.

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_EURBND
Open High Low EURBND Price Change
1.72005 1.72545 1.71885 1.72370 +0.00365
Entry Signal

MarketClub’s Trade Triangles for EURBND

long term up The long term trend has been UP since Jun 7th, 2018 at 1.78295

intermediate term down The intermediate term trend has been DOWN since Jul 29th, 2018 at 1.59080

short term down The short term trend has been DOWN since Aug 8th, 2018 at 1.58610

Smart Scan Analysis for EURBND

Based on a pre-defined weighted trend formula for chart analysis, EURBND scored -50 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-50
Smart Scan Analysis for EURBND
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.72005 1.72545 1.71885 1.72370 +0.00365
Prev. Close Volume Bid Ask Time
1.72005 0.81440 2.63300 2018-08-17 14:25:16
Want to analyze Euro/Brunei Dollar EURBND or another symbol? Try our Free Forex Trend Analysis Report.