Forex Trend Analysis Report
Prepared for you on Thursday, August 11, 2022.
Sidelines Mode (+50) - EURBTN is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until EURBTN can gain momentum.
Is it time to buy, sell, or avoid EURBTN?
MarketClub looks at technical strength and momentum to determine if the timing is right for EURBTN.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for EURBTN
The long-term trend has been DOWN since Aug 9th, 2021 at 87.7898
The intermediate-term trend has been UP since Aug 10th, 2022 at 81.1343
The short-term trend has been UP since Aug 10th, 2022 at 81.1343
Smart Scan Analysis for EURBTN
Based on our trend formula, EURBTN is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).