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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.

FOREX_EURBYN
Open High Low EURBYN Price Change
2.6747 2.6747 2.6747 2.6747 0.0000
Entry Signal

MarketClub’s Trade Triangles for EURBYN

long term up The long-term trend has been UP since Nov 28th, 2019 at 2.3154

intermediate term up The intermediate-term trend has been UP since Jun 1st, 2020 at 2.6552

short term up 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).

+80
Smart Scan Analysis for EURBYN
Strong Downtrend Sideways 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
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