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Forex Trend Analysis Report

Prepared for you on Monday, October 18, 2021.

Euro/Burundi Franc (FOREX:EURBIF)

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

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
2308.6 2308.6 2308.6 2308.6 0.0
Entry Signal

MarketClub’s Trade Triangles for EURBIF

long term down The long-term trend has been DOWN since Aug 9th, 2021 at 2333.33

intermediate term down The intermediate-term trend has been DOWN since Sep 21st, 2021 at 2336.91

short term up The short-term trend has been UP since Oct 15th, 2021 at 2299.67

Smart Scan Analysis for EURBIF

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

-75
Smart Scan Analysis for EURBIF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2308.6 2308.6 2308.6 2308.6 0.0
Prev. Close Volume Bid Ask Time
2308.6 2021-10-17 21:09:11
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