Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Tuesday, August 20, 2019.

Euro/Brunei Dollar (FOREX:EURBND)

Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight stops.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

FOREX_EURBND
Open High Low EURBND Price Change
1.4959 1.4972 1.4953 1.4961 +0.0002
Entry Signal

MarketClub’s Trade Triangles for EURBND

long term down The long term trend has been DOWN since Jan 16th, 2019 at 1.5497

intermediate term up The intermediate term trend has been UP since Aug 18th, 2019 at 1.5276

short term up The short term trend has been UP since Aug 18th, 2019 at 1.5113

Smart Scan Analysis for EURBND

Based on a pre-defined weighted trend formula for chart analysis, EURBND scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-60
Smart Scan Analysis for EURBND
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.4959 1.4972 1.4953 1.4961 +0.0002
Prev. Close Volume Bid Ask Time
1.4959 1.4954 1.4968 2019-08-20 10:07:38
Want to analyze Euro/Brunei Dollar EURBND or another symbol? Try our Free Forex Trend Analysis Report.