Free Daily Analysis

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.

FOREX_EURBND
Open High Low EURBND Price Change
1.4581 1.4581 1.4581 1.4581 0.0000
Entry Signal

MarketClub’s Trade Triangles for EURBND

long term down The long-term trend has been DOWN since Oct 4th, 2023 at 1.4526

intermediate term up The intermediate-term trend has been UP since Feb 26th, 2024 at 1.4558

short term up 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).

+50
Smart Scan Analysis for EURBND
Strong Downtrend Sideways 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
Get a free daily analysis and signals for Euro/Brunei Dollar (EURBND) - Request Your Free Report.