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Forex Trend Analysis Report

Prepared for you on Thursday, March 28, 2024.

Euro/Bangladeshi Taka (FOREX:EURBDT)

Weak Downtrend (-65) - EURBDT is showing signs of a strengthening downtrend. Monitor EURBDT as it may be building momentum to the downside.

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
119.08 119.08 119.08 119.08 0.00
Entry Signal

MarketClub’s Trade Triangles for EURBDT

long term down The long-term trend has been DOWN since Feb 14th, 2024 at 117.71

intermediate term up The intermediate-term trend has been UP since Feb 26th, 2024 at 118.52

short term down The short-term trend has been DOWN since Mar 18th, 2024 at 120.08

Smart Scan Analysis for EURBDT

Based on our trend formula, EURBDT is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-65
Smart Scan Analysis for EURBDT
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
119.08 119.08 119.08 119.08 0.00
Prev. Close Volume Bid Ask Time
119.00 2024-03-19 22:06:42
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