Forex Trend Analysis Report
Prepared for you on Friday, November 27, 2020.
Euro/Brunei Dollar (FOREX:EURBND)
Weak Downtrend (-65) - EURBND is showing signs of a strengthening downtrend. Monitor EURBND as it may be building momentum to the downside.
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.
MarketClub’s Trade Triangles for EURBND
The long-term trend has been DOWN since Nov 2nd, 2020 at 1.5926
The intermediate-term trend has been DOWN since Oct 30th, 2020 at 1.5934
The short-term trend has been UP since Nov 23rd, 2020 at 1.5952
Smart Scan Analysis for EURBND
Based on our trend formula, EURBND is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).