Forex Trend Analysis Report
Prepared for you on Sunday, April 5, 2020.
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.
MarketClub’s Trade Triangles for EURBDT
The long-term trend has been UP since Mar 11th, 2020 at 95.3188
The intermediate-term trend has been DOWN since Mar 29th, 2020 at 96.2312
The short-term trend has been DOWN since Mar 31st, 2020 at 93.3762
Smart Scan Analysis for EURBDT
Based on our trend formula, EURBDT is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).