Free Daily Analysis
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.
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MarketClub’s Trade Triangles for EURBTN
The long-term trend has been UP since Nov 7th, 2022 at 81.3932
The intermediate-term trend has been DOWN since May 18th, 2023 at 89.7085
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
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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