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Forex Trend Analysis Report

Prepared for you on Monday, August 15, 2022.

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
97.7805 97.7805 97.7805 97.7805 0.0000
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 up The intermediate-term trend has been UP since Jul 29th, 2022 at 96.2755

short term up The short-term trend has been UP since May 20th, 2022 at 91.5370

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
97.7805 97.7805 97.7805 97.7805 0.0000
Prev. Close Volume Bid Ask Time
97.7805 2022-08-14 21:08:40
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