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Forex Trend Analysis Report
Prepared for you on Thursday, December 26, 2024.
Euro/Burundi Franc (FOREX:EURBIF)
Long-Term Downtrend (-90) - EURBIF is in a strong downtrend that is likely to continue. While EURBIF is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
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.
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MarketClub’s Trade Triangles for EURBIF
The long-term trend has been DOWN since Nov 26th, 2024 at 3118.8
The intermediate-term trend has been DOWN since Dec 17th, 2024 at 3103.9
The short-term trend has been DOWN since Nov 15th, 2024 at 3129.6
Smart Scan Analysis for EURBIF
Based on our trend formula, EURBIF is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 3073.8 | 3073.8 | 3073.8 | 3073.8 | 0.0 |
| Prev. Close | Volume | Bid | Ask | Time |
| 3073.8 | 2024-12-25 04:48:05 |