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Forex Trend Analysis Report
Prepared for you on Saturday, February 22, 2025.
Euro/Bahamian Dollar (FOREX:EURBSD)
Sidelines Mode (+50) - EURBSD is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until EURBSD can gain momentum.
Is it time to buy, sell, or avoid EURBSD?
MarketClub looks at technical strength and momentum to determine if the timing is right for EURBSD.
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 EURBSD
The long-term trend has been DOWN since Nov 7th, 2024 at 1.0799
The intermediate-term trend has been UP since Jan 26th, 2025 at 1.0413
The short-term trend has been UP since Feb 16th, 2025 at 1.0382
Smart Scan Analysis for EURBSD
Based on our trend formula, EURBSD is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.0469 | 1.0469 | 1.0469 | 1.0469 | 0.0000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.0469 | 2025-02-22 01:41:05 |