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Forex Trend Analysis Report

Prepared for you on Saturday, July 2, 2022.

Euro/Bahamian Dollar (FOREX:EURBSD)

Strong Downtrend (-100) - EURBSD is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, EURBSD continues to fall. Traders should use caution and set stops.

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.

FOREX_EURBSD
Open High Low EURBSD Price Change
1.0578 1.0578 1.0578 1.0578 0.0000
Entry Signal

MarketClub’s Trade Triangles for EURBSD

long term down The long-term trend has been DOWN since Aug 9th, 2021 at 1.1776

intermediate term down The intermediate-term trend has been DOWN since Jun 17th, 2022 at 1.0696

short term down The short-term trend has been DOWN since Jun 17th, 2022 at 1.0696

Smart Scan Analysis for EURBSD

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

-100
Smart Scan Analysis for EURBSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.0578 1.0578 1.0578 1.0578 0.0000
Prev. Close Volume Bid Ask Time
1.0578 2022-06-28 21:10:06
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