Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Tuesday, July 5, 2022.
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.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for EURBIF
The long-term trend has been DOWN since Aug 9th, 2021 at 2333.33
The intermediate-term trend has been DOWN since Jun 14th, 2022 at 2194.86
The short-term trend has been DOWN since Jun 7th, 2022 at 2203.52
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 |
|---|---|---|---|---|
| 2151.21 | 2151.21 | 2151.21 | 2151.21 | 0.00 |
| Prev. Close | Volume | Bid | Ask | Time |
| 2151.21 | 2022-07-04 07:15:32 |