Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
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.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for EURBDT
The long-term trend has been UP since May 9th, 2024 at 120.10
The intermediate-term trend has been UP since Jul 4th, 2024 at 126.85
The short-term trend has been DOWN since Jul 21st, 2024 at 128.07
Smart Scan Analysis for EURBDT
Based on our trend formula, EURBDT is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 127.56 | 127.56 | 127.56 | 127.56 | 0.00 |
| Prev. Close | Volume | Bid | Ask | Time |
| 127.56 | 2024-07-26 07:26:06 |