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Forex Trend Analysis Report

Prepared for you on Tuesday, July 23, 2024.

/Euro (FOREX:BTNEUR)

Bear Market Rally (-75) - BTNEUR is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on BTNEUR as it may be in the beginning of a reversal.

Is it time to buy, sell, or avoid BTNEUR?

MarketClub looks at technical strength and momentum to determine if the timing is right for BTNEUR.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_BTNEUR
Open High Low BTNEUR Price Change
0.01099961 0.01099961 0.01099961 0.01099961 0.00000000
Entry Signal

MarketClub’s Trade Triangles for BTNEUR

long term down The long-term trend has been DOWN since Jun 6th, 2024 at 0.01103970

intermediate term down The intermediate-term trend has been DOWN since Jul 7th, 2024 at 0.01109213

short term up The short-term trend has been UP since Jul 21st, 2024 at 0.01098024

Smart Scan Analysis for BTNEUR

Based on our trend formula, BTNEUR is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for BTNEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.01099961 0.01099961 0.01099961 0.01099961 0.00000000
Prev. Close Volume Bid Ask Time
0.01099961 2024-07-23 07:26:07
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