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Forex Trend Analysis Report

Prepared for you on Thursday, September 28, 2023.

Euro/Bangladeshi Taka (FOREX:EURBDT)

Weak Downtrend (-65) - EURBDT is showing signs of a strengthening downtrend. Monitor EURBDT as it may be building momentum to the downside.

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
116.2 116.2 116.2 116.2 0.0
Entry Signal

MarketClub’s Trade Triangles for EURBDT

long term up The long-term trend has been UP since Jun 9th, 2022 at 95.3738

intermediate term down The intermediate-term trend has been DOWN since Jul 31st, 2023 at 120.4000

short term down The short-term trend has been DOWN since Sep 10th, 2023 at 118.1200

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).

-70
Smart Scan Analysis for EURBDT
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
116.2 116.2 116.2 116.2 0.0
Prev. Close Volume Bid Ask Time
116.2 2023-09-28 07:27:59
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