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Forex Trend Analysis Report

Prepared for you on Friday, April 26, 2024.

Euro/Belarusian Ruble (FOREX:EURBYN)

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

Is it time to buy, sell, or avoid EURBYN?

MarketClub looks at technical strength and momentum to determine if the timing is right for EURBYN.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_EURBYN
Open High Low EURBYN Price Change
3.5098 3.5098 3.5098 3.5098 0.0000
Entry Signal

MarketClub’s Trade Triangles for EURBYN

long term down The long-term trend has been DOWN since Feb 6th, 2024 at 3.5176

intermediate term down The intermediate-term trend has been DOWN since Mar 29th, 2024 at 3.5405

short term up The short-term trend has been UP since Apr 24th, 2024 at 3.4938

Smart Scan Analysis for EURBYN

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

-75
Smart Scan Analysis for EURBYN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.5098 3.5098 3.5098 3.5098 0.0000
Prev. Close Volume Bid Ask Time
3.5098 2024-04-25 21:00:52
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