Forex Trend Analysis Report
Prepared for you on Thursday, November 23, 2017.
Euro/Brunei Dollar (FOREX:EURBND)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines 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.
MarketClub’s Trade Triangles for EURBND
The long term trend has been DOWN since Nov 1st, 2017 at 1.58195
The intermediate term trend has been UP since Nov 15th, 2017 at 1.60775
The short term trend has been DOWN since Nov 20th, 2017 at 1.59475
Smart Scan Analysis for EURBND
Based on a pre-defined weighted trend formula for chart analysis, EURBND scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).