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Forex Trend Analysis Report

Prepared for you on Sunday, July 21, 2024.

Euro/Brunei Dollar (FOREX:EURBND)

Sidelines Mode (-55) - EURBND is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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
1.4641 1.4641 1.4641 1.4641 0.0000
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 up The intermediate-term trend has been UP since Jul 8th, 2024 at 1.4612

short term down The short-term trend has been DOWN since Jul 21st, 2024 at 1.4646

Smart Scan Analysis for EURBND

Based on our trend formula, EURBND is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for EURBND
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.4641 1.4641 1.4641 1.4641 0.0000
Prev. Close Volume Bid Ask Time
1.4641 2024-07-21 21:00:39
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