Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
Euro/ (FOREX:EURBTN)
Strong Downtrend (-100) - EURBTN is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, EURBTN continues to fall. Traders should use caution and set stops.
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 DOWN since Nov 12th, 2024 at 90.6250
The intermediate-term trend has been DOWN since Nov 12th, 2024 at 90.7020
The short-term trend has been DOWN since Nov 12th, 2024 at 90.9639
Smart Scan Analysis for EURBTN
Based on our trend formula, EURBTN is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 89.674 | 89.674 | 89.674 | 89.674 | 0.000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 88.867 | 2024-11-12 07:25:06 |