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Forex Trend Analysis Report

Prepared for you on Friday, October 19, 2018.

Euro/Brunei Dollar (FOREX:EURBND)

Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight 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_EURBND
Open High Low EURBND Price Change
1.61595 1.62570 1.61270 1.62525 +0.00930
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 Sep 30th, 2018 at 1.59580

short term down The short term trend has been DOWN since Oct 17th, 2018 at 1.62785

Smart Scan Analysis for EURBND

Based on a pre-defined weighted trend formula for chart analysis, EURBND scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+60
Smart Scan Analysis for EURBND
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.61595 1.62570 1.61270 1.62525 +0.00930
Prev. Close Volume Bid Ask Time
1.61595 1.33100 1.91950 2018-10-19 14:43:07
Want to analyze Euro/Brunei Dollar EURBND or another symbol? Try our Free Forex Trend Analysis Report.