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Forex Trend Analysis Report
Prepared for you on Thursday, December 26, 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.
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MarketClub’s Trade Triangles for EURBND
The long-term trend has been DOWN since Jun 21st, 2024 at 1.4477
The intermediate-term trend has been DOWN since Dec 9th, 2024 at 1.4156
The short-term trend has been DOWN since Dec 19th, 2024 at 1.4148
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.4125 | 1.4125 | 1.4125 | 1.4125 | 0.0000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.4125 | 2024-12-25 04:48:06 |