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Forex Trend Analysis Report
Prepared for you on Friday, April 19, 2024.
Euro/Burundi Franc (FOREX:EURBIF)
Crossroads (-60) - EURBIF is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
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 UP since Dec 19th, 2023 at 3103.2
The intermediate-term trend has been DOWN since Mar 28th, 2024 at 3108.8
The short-term trend has been DOWN since Apr 18th, 2024 at 3102.3
Smart Scan Analysis for EURBIF
Based on our trend formula, EURBIF is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 3059.1 | 3059.1 | 3059.1 | 3059.1 | 0.0 |
| Prev. Close | Volume | Bid | Ask | Time |
| 3051.1 | 2024-04-18 07:26:30 |