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Forex Trend Analysis Report

Prepared for you on Monday, June 24, 2024.

Euro/Burundi Franc (FOREX:EURBIF)

Strong Downtrend (-100) - EURBIF is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, EURBIF continues to fall. Traders should use caution and set stops.

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
3071.3 3071.3 3071.3 3071.3 0.0
Entry Signal

MarketClub’s Trade Triangles for EURBIF

long term down The long-term trend has been DOWN since Apr 22nd, 2024 at 3057.2

intermediate term down The intermediate-term trend has been DOWN since Jun 12th, 2024 at 3106.5

short term down The short-term trend has been DOWN since Jun 22nd, 2024 at 3081.6

Smart Scan Analysis for EURBIF

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

-100
Smart Scan Analysis for EURBIF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3071.3 3071.3 3071.3 3071.3 0.0
Prev. Close Volume Bid Ask Time
3071.3 2024-06-22 16:44:17
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