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Forex Trend Analysis Report

Prepared for you on Friday, June 2, 2023.

Euro/ (FOREX:EURBTN)

Weak Downtrend (-65) - EURBTN is showing signs of a strengthening downtrend. Monitor EURBTN as it may be building momentum to the downside.

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.

FOREX_EURBTN
Open High Low EURBTN Price Change
88.277 88.277 88.277 88.277 0.000
Entry Signal

MarketClub’s Trade Triangles for EURBTN

long term up The long-term trend has been UP since Nov 7th, 2022 at 81.3932

intermediate term down The intermediate-term trend has been DOWN since May 18th, 2023 at 89.7085

short term down The short-term trend has been DOWN since May 18th, 2023 at 90.0470

Smart Scan Analysis for EURBTN

Based on our trend formula, EURBTN is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for EURBTN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
88.277 88.277 88.277 88.277 0.000
Prev. Close Volume Bid Ask Time
88.277 2023-06-01 07:26:55
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