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Forex Trend Analysis Report
Prepared for you on Thursday, May 8, 2025.
Euro/Bahamian Dollar (FOREX:EURBSD)
Countertrend Up (+85) - EURBSD 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 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 UP since Mar 10th, 2025 at 1.0569
The intermediate-term trend has been UP since Jan 26th, 2025 at 1.0413
The short-term trend has been DOWN since Apr 27th, 2025 at 1.1379
Smart Scan Analysis for EURBSD
Based on our trend formula, EURBSD is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.1331 | 1.1331 | 1.1331 | 1.1331 | 0.0000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.1345 | 2025-05-04 11:00:59 |