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Forex Trend Analysis Report
Prepared for you on Saturday, October 26, 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.
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MarketClub’s Trade Triangles for EURBDT
The long-term trend has been UP since May 9th, 2024 at 120.10
The intermediate-term trend has been DOWN since Oct 2nd, 2024 at 132.54
The short-term trend has been DOWN since Oct 2nd, 2024 at 132.54
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 129.4 | 129.4 | 129.4 | 129.4 | 0.0 |
| Prev. Close | Volume | Bid | Ask | Time |
| 129.1 | 2024-10-22 07:25:24 |