Forex Trend Analysis Report
Prepared for you on Wednesday, December 1, 2021.
Long-Term Downtrend (-90) - EURBTN is in a strong downtrend that is likely to continue. While EURBTN is showing intraday strength, it remains in the confines of a bearish trend. 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.
MarketClub’s Trade Triangles for EURBTN
The long-term trend has been DOWN since Aug 9th, 2021 at 87.7898
The intermediate-term trend has been DOWN since Nov 2nd, 2021 at 87.1800
The short-term trend has been DOWN since Nov 2nd, 2021 at 87.1800
Smart Scan Analysis for EURBTN
Based on our trend formula, EURBTN is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).