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Forex Trend Analysis Report
Prepared for you on Monday, August 15, 2022.
Euro/Bangladeshi Taka (FOREX:EURBDT)
Countertrend Up (+85) - EURBDT 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 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.
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MarketClub’s Trade Triangles for EURBDT
The long-term trend has been UP since Jun 9th, 2022 at 95.3738
The intermediate-term trend has been UP since Jul 29th, 2022 at 96.2755
The short-term trend has been UP since May 20th, 2022 at 91.5370
Smart Scan Analysis for EURBDT
Based on our trend formula, EURBDT is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 97.7805 | 97.7805 | 97.7805 | 97.7805 | 0.0000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 97.7805 | 2022-08-14 21:08:40 |