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Forex Trend Analysis Report

Prepared for you on Monday, February 24, 2020.

Euro/Bangladeshi Taka (FOREX:EURBDT)

Strong Downtrend (-100) - EURBDT is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.

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.

FOREX_EURBDT
Open High Low EURBDT Price Change
91.6692 91.6692 91.6692 91.6692 0.0000
Entry Signal

MarketClub’s Trade Triangles for EURBDT

long term down The long-term trend has been DOWN since Feb 11th, 2020 at 93.1386

intermediate term down The intermediate-term trend has been DOWN since Jan 22nd, 2020 at 94.0810

short term down The short-term trend has been DOWN since Feb 11th, 2020 at 93.6243

Smart Scan Analysis for EURBDT

Based on our trend formula, EURBDT is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-100
Smart Scan Analysis for EURBDT
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
91.6692 91.6692 91.6692 91.6692 0.0000
Prev. Close Volume Bid Ask Time
91.6692 89.8692 93.4692 2020-02-19 21:08:13
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