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Forex Trend Analysis Report

Prepared for you on Tuesday, August 3, 2021.

Euro/Burundi Franc (FOREX:EURBIF)

Countertrend Up (+85) - EURBIF 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 EURBIF?

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

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

FOREX_EURBIF
Open High Low EURBIF Price Change
2356.82 2356.82 2356.82 2356.82 0.00
Entry Signal

MarketClub’s Trade Triangles for EURBIF

long term up The long-term trend has been UP since May 10th, 2021 at 2378.16

intermediate term up The intermediate-term trend has been UP since Aug 1st, 2021 at 2336.83

short term up The short-term trend has been UP since Aug 1st, 2021 at 2336.83

Smart Scan Analysis for EURBIF

Based on our trend formula, EURBIF is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+80
Smart Scan Analysis for EURBIF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2356.82 2356.82 2356.82 2356.82 0.00
Prev. Close Volume Bid Ask Time
2356.82 2021-08-02 07:24:31
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