Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Thursday, April 18, 2024.

Euro/ (FOREX:EURBTN)

Bear Market Rally (-75) - EURBTN is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on EURBTN as it may be in the beginning of a reversal.

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
89.1791 89.1791 89.1791 89.1791 0.0000
Entry Signal

MarketClub’s Trade Triangles for EURBTN

long term down The long-term trend has been DOWN since Apr 15th, 2024 at 89.1874

intermediate term down The intermediate-term trend has been DOWN since Mar 28th, 2024 at 89.9423

short term up The short-term trend has been UP since Apr 18th, 2024 at 89.0130

Smart Scan Analysis for EURBTN

Based on our trend formula, EURBTN is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for EURBTN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
89.1791 89.1791 89.1791 89.1791 0.0000
Prev. Close Volume Bid Ask Time
89.1791 2024-04-18 07:26:26
Get a free daily analysis and signals for Euro/ (EURBTN) - Request Your Free Report.