Forex Trend Analysis Report
Prepared for you on Tuesday, June 2, 2020.
Euro/Burundi Franc (FOREX:EURBIF)
Bull Market Weakness (+75) - EURBIF is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on EURBIF as it may be in the beginning stages 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.
MarketClub’s Trade Triangles for EURBIF
The long-term trend has been UP since Mar 5th, 2020 at 2109.97
The intermediate-term trend has been UP since Apr 28th, 2020 at 2054.91
The short-term trend has been UP since May 14th, 2020 at 2052.20
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).