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Forex Trend Analysis Report
Prepared for you on Tuesday, June 2, 2020.
Euro/ (FOREX:EURBYN)
Countertrend Up (+85) - EURBYN 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 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.
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MarketClub’s Trade Triangles for EURBYN
The long-term trend has been UP since Nov 28th, 2019 at 2.3154
The intermediate-term trend has been UP since Jun 1st, 2020 at 2.6552
The short-term trend has been UP since May 28th, 2020 at 2.6310
Smart Scan Analysis for EURBYN
Based on our trend formula, EURBYN is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 2.6747 | 2.6747 | 2.6747 | 2.6747 | 0.0000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 2.6747 | 2.6697 | 2.6797 | 2020-06-01 21:09:45 |