Forex Trend Analysis Report
Prepared for you on Tuesday, March 19, 2024.
Euro/Brunei Dollar (FOREX:EURBND)
Sidelines Mode (+50) - EURBND is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until EURBND can gain momentum.
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 DOWN since Oct 4th, 2023 at 1.4526
The intermediate-term trend has been UP since Feb 26th, 2024 at 1.4558
The short-term trend has been UP since Feb 18th, 2024 at 1.4473
Smart Scan Analysis for EURBND
Based on our trend formula, EURBND is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
Open | High | Low | Price | Change |
---|---|---|---|---|
1.4581 | 1.4581 | 1.4581 | 1.4581 | 0.0000 |
Prev. Close | Volume | Bid | Ask | Time |
1.4581 | 2024-03-18 15:33:34 |