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Forex Trend Analysis Report

Prepared for you on Sunday, December 10, 2023.

Euro/Brunei Dollar (FOREX:EURBND)

Strong Downtrend (-100) - EURBND is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, EURBND continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid EURBND?

MarketClub looks at technical strength and momentum to determine if the timing is right for EURBND.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_EURBND
Open High Low EURBND Price Change
1.4437 1.4437 1.4437 1.4437 0.0000
Entry Signal

MarketClub’s Trade Triangles for EURBND

long term down The long-term trend has been DOWN since Oct 4th, 2023 at 1.4526

intermediate term down The intermediate-term trend has been DOWN since Dec 6th, 2023 at 1.4524

short term down The short-term trend has been DOWN since Dec 6th, 2023 at 1.4607

Smart Scan Analysis for EURBND

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

-100
Smart Scan Analysis for EURBND
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.4437 1.4437 1.4437 1.4437 0.0000
Prev. Close Volume Bid Ask Time
1.4437 2023-12-08 20:32:21
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