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Forex Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
Euro/ (FOREX:EURBTN)
Countertrend Up (+85) - EURBTN is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
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 Jun 6th, 2024 at 90.5932
The intermediate-term trend has been UP since Jul 7th, 2024 at 90.1651
The short-term trend has been DOWN since Jul 21st, 2024 at 91.0837
Smart Scan Analysis for EURBTN
Based on our trend formula, EURBTN is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 90.8906 | 90.8906 | 90.8906 | 90.8906 | 0.0000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 90.8906 | 2024-07-26 14:00:15 |