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Forex Trend Analysis Report

Prepared for you on Monday, January 21, 2019.

Euro/Bangladeshi Taka (FOREX:EURBDT)

Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

FOREX_EURBDT
Open High Low EURBDT Price Change
95.401 95.401 95.401 95.401 0.000
Entry Signal

MarketClub’s Trade Triangles for EURBDT

long term down The long term trend has been DOWN since May 13th, 2018 at 102.1735

intermediate term down The intermediate term trend has been DOWN since Jan 20th, 2019 at 95.6720

short term down The short term trend has been DOWN since Jan 20th, 2019 at 96.2650

Smart Scan Analysis for EURBDT

Based on a pre-defined weighted trend formula for chart analysis, EURBDT scored -100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-100
Smart Scan Analysis for EURBDT
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
95.401 95.401 95.401 95.401 0.000
Prev. Close Volume Bid Ask Time
95.401 93.601 97.201 2019-01-20 20:07:36
Want to analyze Euro/Bangladeshi Taka EURBDT or another symbol? Try our Free Forex Trend Analysis Report.