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Forex Trend Analysis Report
Prepared for you on Friday, April 26, 2024.
Euro/Bahamian Dollar (FOREX:EURBSD)
Bear Market Rally (-75) - EURBSD is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on EURBSD as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid EURBSD?
MarketClub looks at technical strength and momentum to determine if the timing is right for EURBSD.
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 EURBSD
The long-term trend has been DOWN since Apr 14th, 2024 at 1.0708
The intermediate-term trend has been DOWN since Mar 28th, 2024 at 1.0856
The short-term trend has been UP since Apr 18th, 2024 at 1.0647
Smart Scan Analysis for EURBSD
Based on our trend formula, EURBSD is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.0725 | 1.0725 | 1.0725 | 1.0725 | 0.0000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.0725 | 2024-04-25 07:26:32 |