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Forex Trend Analysis Report

Prepared for you on Friday, March 5, 2021.

Euro/Bahamian Dollar (FOREX:EURBSD)

Long-Term Uptrend (+90) - EURBSD is in a strong uptrend that is likely to continue. While EURBSD is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution 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.

FOREX_EURBSD
Open High Low EURBSD Price Change
1.223 1.223 1.223 1.223 0.000
Entry Signal

MarketClub’s Trade Triangles for EURBSD

long term up The long-term trend has been UP since Jul 13th, 2020 at 1.1328

intermediate term up The intermediate-term trend has been UP since Feb 16th, 2021 at 1.2157

short term up The short-term trend has been UP since Feb 25th, 2021 at 1.2163

Smart Scan Analysis for EURBSD

Based on our trend formula, EURBSD is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for EURBSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.223 1.223 1.223 1.223 0.000
Prev. Close Volume Bid Ask Time
1.203 2021-02-25 07:31:39
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