Forex Trend Analysis Report
Prepared for you on Tuesday, May 26, 2020.
Euro/Brunei Dollar (FOREX:EURBND)
Countertrend Up (+85) - EURBND 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 EURBND?
MarketClub looks at technical strength and momentum to determine if the timing is right for EURBND.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for EURBND
The long-term trend has been UP since Feb 4th, 2020 at 1.5147
The intermediate-term trend has been UP since May 19th, 2020 at 1.5484
The short-term trend has been UP since May 14th, 2020 at 1.5350
Smart Scan Analysis for EURBND
Based on our trend formula, EURBND is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).