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Forex Trend Analysis Report

Prepared for you on Friday, March 24, 2023.

Euro/Burundi Franc (FOREX:EURBIF)

Weak Downtrend (-65) - EURBIF is showing signs of a strengthening downtrend. Monitor EURBIF as it may be building momentum to the downside.

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

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

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

FOREX_EURBIF
Open High Low EURBIF Price Change
2201.4 2201.4 2201.4 2201.4 0.0
Entry Signal

MarketClub’s Trade Triangles for EURBIF

long term up The long-term trend has been UP since Nov 11th, 2022 at 2111.22

intermediate term down The intermediate-term trend has been DOWN since Feb 13th, 2023 at 2260.19

short term down The short-term trend has been DOWN since Mar 10th, 2023 at 2206.11

Smart Scan Analysis for EURBIF

Based on our trend formula, EURBIF is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for EURBIF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2201.4 2201.4 2201.4 2201.4 0.0
Prev. Close Volume Bid Ask Time
2210.6 2023-03-15 08:27:20
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