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Forex Trend Analysis Report
Prepared for you on Friday, April 26, 2024.
Bangladeshi Taka/Euro (FOREX:BDTEUR)
Sidelines Mode (+55) - BDTEUR is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid BDTEUR?
MarketClub looks at technical strength and momentum to determine if the timing is right for BDTEUR.
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 BDTEUR
The long-term trend has been UP since Feb 14th, 2024 at 0.00849744
The intermediate-term trend has been UP since Mar 28th, 2024 at 0.00842370
The short-term trend has been DOWN since Apr 24th, 2024 at 0.00855342
Smart Scan Analysis for BDTEUR
Based on our trend formula, BDTEUR is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.00849816 | 0.00849816 | 0.00849816 | 0.00849816 | 0.00000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.00849816 | 2024-04-25 21:00:50 |