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Forex Trend Analysis Report

Prepared for you on Tuesday, November 24, 2020.

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.

FOREX_EURBDT
Open High Low EURBDT Price Change
100.9412 100.9412 100.9412 100.9412 0.0000
Entry Signal

MarketClub’s Trade Triangles for EURBDT

long term up The long-term trend has been UP since Jun 5th, 2020 at 96.2312

intermediate term up The intermediate-term trend has been UP since Nov 17th, 2020 at 99.8023

short term up The short-term trend has been UP since Nov 4th, 2020 at 99.2631

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).

+80
Smart Scan Analysis for EURBDT
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
100.9412 100.9412 100.9412 100.9412 0.0000
Prev. Close Volume Bid Ask Time
100.6313 2020-11-23 21:07:00
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