Forex Trend Analysis Report
Prepared for you on Tuesday, August 11, 2020.
Bull Market Weakness (+75) - EURBTN is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on EURBTN as it may be in the beginning stages of a reversal.
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.
MarketClub’s Trade Triangles for EURBTN
The long-term trend has been UP since Mar 4th, 2020 at 80.4375
The intermediate-term trend has been UP since Jul 15th, 2020 at 85.4946
The short-term trend has been UP since Jul 22nd, 2020 at 85.7320
Smart Scan Analysis for EURBTN
Based on our trend formula, EURBTN is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).