Forex Trend Analysis Report
Prepared for you on Saturday, October 23, 2021.
Euro/Belarusian Ruble (FOREX:EURBYN)
Strong Downtrend (-100) - EURBYN is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid EURBYN?
MarketClub looks at technical strength and momentum to determine if the timing is right for EURBYN.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for EURBYN
The long-term trend has been DOWN since May 6th, 2021 at 3.0774
The intermediate-term trend has been DOWN since Sep 16th, 2021 at 2.9380
The short-term trend has been DOWN since Sep 27th, 2021 at 2.9326
Smart Scan Analysis for EURBYN
Based on our trend formula, EURBYN is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).