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Forex Trend Analysis Report
Prepared for you on Wednesday, November 20, 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.
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MarketClub’s Trade Triangles for BDTEUR
The long-term trend has been UP since Nov 12th, 2024 at 0.00786507
The intermediate-term trend has been UP since Oct 2nd, 2024 at 0.00754628
The short-term trend has been UP since Oct 2nd, 2024 at 0.00754628
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.00788181 | 0.00788181 | 0.00788181 | 0.00788181 | 0.00000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.00791300 | 2024-11-12 07:25:10 |