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Forex Trend Analysis Report

Prepared for you on Thursday, May 23, 2024.

Euro/Belarusian Ruble (FOREX:EURBYN)

Crossroads (+60) - EURBYN is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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
3.5492 3.5492 3.5492 3.5492 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 up The intermediate-term trend has been UP since May 6th, 2024 at 3.5098

short term up The short-term trend has been UP since May 6th, 2024 at 3.5074

Smart Scan Analysis for EURBYN

Based on our trend formula, EURBYN is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for EURBYN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.5492 3.5492 3.5492 3.5492 0.0000
Prev. Close Volume Bid Ask Time
3.5492 2024-05-23 21:01:22
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