Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Saturday, May 8, 2021.

Euro/Brunei Dollar (FOREX:EURBND)

Crossroads (-60) - EURBND is struggling to move into a solid trend. Beware of choppy markets 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
1.6041 1.6041 1.6041 1.6041 0.0000
Entry Signal

MarketClub’s Trade Triangles for EURBND

long term down The long-term trend has been DOWN since Mar 7th, 2021 at 1.6020

intermediate term up The intermediate-term trend has been UP since Apr 18th, 2021 at 1.5971

short term up The short-term trend has been UP since Apr 6th, 2021 at 1.5804

Smart Scan Analysis for EURBND

Based on our trend formula, EURBND is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for EURBND
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.6041 1.6041 1.6041 1.6041 0.0000
Prev. Close Volume Bid Ask Time
1.6041 2021-05-04 21:12:59
Get a free daily analysis and signals for Euro/Brunei Dollar (EURBND) - Request Your Free Report.