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Forex Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
Bangladeshi Taka/Euro (FOREX:BDTEUR)
Crossroads (-60) - BDTEUR is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid BDTEUR?
MarketClub looks at technical strength and momentum to determine if the timing is right for BDTEUR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for BDTEUR
The long-term trend has been UP since Feb 14th, 2024 at 0.00849744
The intermediate-term trend has been DOWN since May 5th, 2024 at 0.00849528
The short-term trend has been DOWN since May 5th, 2024 at 0.00849528
Smart Scan Analysis for BDTEUR
Based on our trend formula, BDTEUR is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.00846292 | 0.00846292 | 0.00846292 | 0.00846292 | 0.00000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.00847871 | 2024-05-07 21:05:09 |