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Forex Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
Bangladeshi Taka/Euro (FOREX:BDTEUR)
Countertrend Down (-85) - BDTEUR is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
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 DOWN since May 9th, 2024 at 0.00832827
The intermediate-term trend has been DOWN since Jul 4th, 2024 at 0.00788491
The short-term trend has been UP since Jul 21st, 2024 at 0.00780977
Smart Scan Analysis for BDTEUR
Based on our trend formula, BDTEUR is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.00784101 | 0.00784101 | 0.00784101 | 0.00784101 | 0.00000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.00784101 | 2024-07-26 07:26:06 |