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Forex Trend Analysis Report

Prepared for you on Sunday, October 17, 2021.

Bangladeshi Taka/Euro (FOREX:BDTEUR)

Bull Market Weakness (+75) - BDTEUR is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on BDTEUR as it may be in the beginning stages of a reversal.

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.

FOREX_BDTEUR
Open High Low BDTEUR Price Change
0.01011283 0.01011283 0.01011283 0.01011283 0.00000000
Entry Signal

MarketClub’s Trade Triangles for BDTEUR

long term up The long-term trend has been UP since Aug 9th, 2021 at 0.01001757

intermediate term up The intermediate-term trend has been UP since Sep 21st, 2021 at 0.00997555

short term up The short-term trend has been UP since Sep 16th, 2021 at 0.00997335

Smart Scan Analysis for BDTEUR

Based on our trend formula, BDTEUR is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for BDTEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.01011283 0.01011283 0.01011283 0.01011283 0.00000000
Prev. Close Volume Bid Ask Time
0.01005619 2021-10-12 21:08:34
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