Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Saturday, February 22, 2025.
Euro/Bangladeshi Taka (FOREX:EURBDT)
Sidelines Mode (+50) - EURBDT is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until EURBDT can gain momentum.
Is it time to buy, sell, or avoid EURBDT?
MarketClub looks at technical strength and momentum to determine if the timing is right for EURBDT.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for EURBDT
The long-term trend has been DOWN since Nov 12th, 2024 at 127.17
The intermediate-term trend has been UP since Jan 22nd, 2025 at 126.78
The short-term trend has been UP since Feb 9th, 2025 at 126.53
Smart Scan Analysis for EURBDT
Based on our trend formula, EURBDT is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 127.2 | 127.2 | 127.2 | 127.2 | 0.0 |
| Prev. Close | Volume | Bid | Ask | Time |
| 127.2 | 2025-02-22 01:41:04 |