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Forex Trend Analysis Report

Prepared for you on Tuesday, December 10, 2024.

Euro/Bahamian Dollar (FOREX:EURBSD)

Crossroads (-60) - EURBSD 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 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
1.0569 1.0569 1.0569 1.0569 0.0000
Entry Signal

MarketClub’s Trade Triangles for EURBSD

long term down The long-term trend has been DOWN since Nov 7th, 2024 at 1.0799

intermediate term up The intermediate-term trend has been UP since Dec 1st, 2024 at 1.0555

short term up The short-term trend has been UP since Dec 9th, 2024 at 1.0563

Smart Scan Analysis for EURBSD

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

-60
Smart Scan Analysis for EURBSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.0569 1.0569 1.0569 1.0569 0.0000
Prev. Close Volume Bid Ask Time
1.0569 2024-12-09 18:36:58
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