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Forex Trend Analysis Report

Prepared for you on Monday, January 20, 2025.

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
0.00798823 0.00798823 0.00798823 0.00798823 0.00000000
Entry Signal

MarketClub’s Trade Triangles for BDTEUR

long term up The long-term trend has been UP since Nov 12th, 2024 at 0.00786507

intermediate term up The intermediate-term trend has been UP since Jan 14th, 2025 at 0.00801064

short term up The short-term trend has been UP since Jan 14th, 2025 at 0.00801064

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
0.00798823 0.00798823 0.00798823 0.00798823 0.00000000
Prev. Close Volume Bid Ask Time
0.00798823 2025-01-18 02:34:59
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