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Forex Trend Analysis Report

Prepared for you on Thursday, August 11, 2022.

Euro/ (FOREX:EURBTN)

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.

FOREX_EURBTN
Open High Low EURBTN Price Change
81.3932 81.3932 81.3932 81.3932 0.0000
Entry Signal

MarketClub’s Trade Triangles for EURBTN

long term down The long-term trend has been DOWN since Aug 9th, 2021 at 87.7898

intermediate term up The intermediate-term trend has been UP since Aug 10th, 2022 at 81.1343

short term up 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).

+50
Smart Scan Analysis for EURBTN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
81.3932 81.3932 81.3932 81.3932 0.0000
Prev. Close Volume Bid Ask Time
81.3932 2022-08-10 07:20:34
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