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Forex Trend Analysis Report

Prepared for you on Monday, May 25, 2020.

Euro/Brunei Dollar (FOREX:EURBND)

Countertrend Up (+85) - EURBND is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

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
1.5503 1.5503 1.5503 1.5503 0.0000
Entry Signal

MarketClub’s Trade Triangles for EURBND

long term up The long-term trend has been UP since Feb 4th, 2020 at 1.5147

intermediate term up The intermediate-term trend has been UP since May 19th, 2020 at 1.5484

short term up The short-term trend has been UP since May 14th, 2020 at 1.5350

Smart Scan Analysis for EURBND

Based on our trend formula, EURBND is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+80
Smart Scan Analysis for EURBND
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.5503 1.5503 1.5503 1.5503 0.0000
Prev. Close Volume Bid Ask Time
1.5519 1.5253 1.5753 2020-05-20 07:19:05
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