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Forex Trend Analysis Report

Prepared for you on Saturday, December 9, 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
3068.1 3068.1 3068.1 3068.1 0.0
Entry Signal

MarketClub’s Trade Triangles for EURBIF

long term down The long-term trend has been DOWN since Oct 4th, 2023 at 3030.2

intermediate term up The intermediate-term trend has been UP since Oct 29th, 2023 at 2984.2

short term down The short-term trend has been DOWN since Dec 6th, 2023 at 3084.2

Smart Scan Analysis for EURBIF

Based on our trend formula, EURBIF is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-65
Smart Scan Analysis for EURBIF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3068.1 3068.1 3068.1 3068.1 0.0
Prev. Close Volume Bid Ask Time
3068.1 2023-12-08 20:32:21
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