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Forex Trend Analysis Report
Prepared for you on Wednesday, December 4, 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.
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MarketClub’s Trade Triangles for EURBIF
The long-term trend has been DOWN since Nov 26th, 2024 at 3118.8
The intermediate-term trend has been DOWN since Oct 17th, 2024 at 3182.2
The short-term trend has been DOWN since Nov 15th, 2024 at 3129.6
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 3103.9 | 3103.9 | 3103.9 | 3103.9 | 0.0 |
| Prev. Close | Volume | Bid | Ask | Time |
| 3103.9 | 2024-12-04 07:25:22 |