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Forex Trend Analysis Report

Prepared for you on Tuesday, April 23, 2024.

Euro/ (FOREX:EURBTN)

Strong Downtrend (-100) - EURBTN is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, EURBTN continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid EURBTN?

MarketClub looks at technical strength and momentum to determine if the timing is right for EURBTN.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_EURBTN
Open High Low EURBTN Price Change
88.825 88.825 88.825 88.825 0.000
Entry Signal

MarketClub’s Trade Triangles for EURBTN

long term down The long-term trend has been DOWN since Apr 15th, 2024 at 89.1874

intermediate term down The intermediate-term trend has been DOWN since Mar 28th, 2024 at 89.9423

short term down The short-term trend has been DOWN since Apr 22nd, 2024 at 88.8500

Smart Scan Analysis for EURBTN

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

-100
Smart Scan Analysis for EURBTN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
88.825 88.825 88.825 88.825 0.000
Prev. Close Volume Bid Ask Time
88.825 2024-04-23 07:26:24
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