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Forex Trend Analysis Report

Prepared for you on Monday, May 25, 2020.

Euro/Bangladeshi Taka (FOREX:EURBDT)

Crossroads (-60) - EURBDT is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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
93.3189 93.3189 93.3189 93.3189 0.0000
Entry Signal

MarketClub’s Trade Triangles for EURBDT

long term down The long-term trend has been DOWN since May 14th, 2020 at 91.6692

intermediate term up The intermediate-term trend has been UP since May 19th, 2020 at 92.5780

short term up The short-term trend has been UP since May 18th, 2020 at 91.8235

Smart Scan Analysis for EURBDT

Based on our trend formula, EURBDT is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for EURBDT
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
93.3189 93.3189 93.3189 93.3189 0.0000
Prev. Close Volume Bid Ask Time
92.7431 91.5189 95.1189 2020-05-21 21:08:17
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