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Forex Trend Analysis Report

Prepared for you on Sunday, November 18, 2018.

Bangladeshi Taka/British Pound (FOREX:BDTGBP)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with money management stops.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

FOREX_BDTGBP
Open High Low BDTGBP Price Change
0.009370 0.009370 0.009370 0.009370 0.000000
Entry Signal

MarketClub’s Trade Triangles for BDTGBP

long term up The long term trend has been UP since May 13th, 2018 at 0.008685

intermediate term up The intermediate term trend has been UP since Oct 28th, 2018 at 0.009157

short term up The short term trend has been UP since Nov 11th, 2018 at 0.009163

Smart Scan Analysis for BDTGBP

Based on a pre-defined weighted trend formula for chart analysis, BDTGBP scored +80 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+80
Smart Scan Analysis for BDTGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.009370 0.009370 0.009370 0.009370 0.000000
Prev. Close Volume Bid Ask Time
0.009370 0.009193 0.009548 2018-11-18 20:14:39
Want to analyze Bangladeshi Taka/British Pound BDTGBP or another symbol? Try our Free Forex Trend Analysis Report.