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Forex Trend Analysis Report

Prepared for you on Monday, December 2, 2024.

Euro/Brunei Dollar (FOREX:EURBND)

Long-Term Downtrend (-90) - EURBND is in a strong downtrend that is likely to continue. While EURBND is showing intraday strength, it remains in the confines of a bearish trend. 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
1.415 1.415 1.415 1.415 0.000
Entry Signal

MarketClub’s Trade Triangles for EURBND

long term down The long-term trend has been DOWN since Jun 21st, 2024 at 1.4477

intermediate term down The intermediate-term trend has been DOWN since Jul 28th, 2024 at 1.4607

short term down The short-term trend has been DOWN since Aug 30th, 2024 at 1.4497

Smart Scan Analysis for EURBND

Based on our trend formula, EURBND is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for EURBND
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.415 1.415 1.415 1.415 0.000
Prev. Close Volume Bid Ask Time
1.415 2024-11-30 18:38:57
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