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Forex Trend Analysis Report
Prepared for you on Friday, May 9, 2025.
Bangladeshi Taka/Euro (FOREX:BDTEUR)
Sidelines Mode (+50) - BDTEUR is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until BDTEUR can gain momentum.
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 Mar 5th, 2025 at 0.00782138
The intermediate-term trend has been UP since Apr 27th, 2025 at 0.00724814
The short-term trend has been UP since Apr 27th, 2025 at 0.00724814
Smart Scan Analysis for BDTEUR
Based on our trend formula, BDTEUR is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.00726499 | 0.00726499 | 0.00726499 | 0.00726499 | 0.00000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.00729308 | 2025-05-03 16:46:29 |