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Forex Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
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, EURBDT 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.
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MarketClub’s Trade Triangles for EURBDT
The long-term trend has been DOWN since Nov 12th, 2024 at 127.17
The intermediate-term trend has been DOWN since Oct 2nd, 2024 at 132.54
The short-term trend has been DOWN since Oct 2nd, 2024 at 132.54
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 126.9 | 126.9 | 126.9 | 126.9 | 0.0 |
| Prev. Close | Volume | Bid | Ask | Time |
| 126.4 | 2024-11-12 07:25:10 |