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Forex Trend Analysis Report

Prepared for you on Saturday, April 13, 2024.

Bangladeshi Taka/Euro (FOREX:BDTEUR)

Countertrend Up (+85) - BDTEUR is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

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
0.00856001 0.00856001 0.00856001 0.00856001 0.00000000
Entry Signal

MarketClub’s Trade Triangles for BDTEUR

long term up The long-term trend has been UP since Feb 14th, 2024 at 0.00849744

intermediate term up The intermediate-term trend has been UP since Mar 28th, 2024 at 0.00842370

short term up The short-term trend has been UP since Apr 13th, 2024 at 0.00848158

Smart Scan Analysis for BDTEUR

Based on our trend formula, BDTEUR is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+80
Smart Scan Analysis for BDTEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00856001 0.00856001 0.00856001 0.00856001 0.00000000
Prev. Close Volume Bid Ask Time
0.00856001 2024-04-13 14:02:01
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