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Forex Trend Analysis Report

Prepared for you on Wednesday, July 24, 2024.

Euro/Bangladeshi Taka (FOREX:EURBDT)

Bull Market Weakness (+75) - EURBDT is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on EURBDT as it may be in the beginning stages of a reversal.

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
127.4 127.4 127.4 127.4 0.0
Entry Signal

MarketClub’s Trade Triangles for EURBDT

long term up The long-term trend has been UP since May 9th, 2024 at 120.10

intermediate term up The intermediate-term trend has been UP since Jul 4th, 2024 at 126.85

short term down The short-term trend has been DOWN since Jul 21st, 2024 at 128.07

Smart Scan Analysis for EURBDT

Based on our trend formula, EURBDT is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+75
Smart Scan Analysis for EURBDT
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
127.4 127.4 127.4 127.4 0.0
Prev. Close Volume Bid Ask Time
127.4 2024-07-24 07:26:16
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