Forex Trend Analysis Report
Prepared for you on Saturday, February 27, 2021.
Bangladeshi Taka/Euro (FOREX:BDTEUR)
Strong Downtrend (-100) - BDTEUR 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 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.
MarketClub’s Trade Triangles for BDTEUR
The long-term trend has been DOWN since Jul 9th, 2020 at 0.01042980
The intermediate-term trend has been DOWN since Feb 22nd, 2021 at 0.00972740
The short-term trend has been DOWN since Feb 22nd, 2021 at 0.00975103
Smart Scan Analysis for BDTEUR
Based on our trend formula, BDTEUR is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).