Forex Trend Analysis Report
Prepared for you on Sunday, March 7, 2021.
Euro/Bangladeshi Taka (FOREX:EURBDT)
Bull Market Weakness (+75) - EURBDT is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on EURBDT as it may be in the beginning stages of a reversal.
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 UP since Jun 5th, 2020 at 96.2312
The intermediate-term trend has been UP since Feb 22nd, 2021 at 102.8339
The short-term trend has been UP since Feb 22nd, 2021 at 102.5849
Smart Scan Analysis for EURBDT
Based on our trend formula, EURBDT is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).