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Forex Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
Bangladeshi Taka/British Pound (FOREX:BDTGBP)
Bear Market Rally (-75) - BDTGBP is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on BDTGBP as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid BDTGBP?
MarketClub looks at technical strength and momentum to determine if the timing is right for BDTGBP.
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 BDTGBP
The long-term trend has been DOWN since May 9th, 2024 at 0.00710522
The intermediate-term trend has been DOWN since Jul 7th, 2024 at 0.00667261
The short-term trend has been UP since Jul 21st, 2024 at 0.00656232
Smart Scan Analysis for BDTGBP
Based on our trend formula, BDTGBP is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.00661519 | 0.00661519 | 0.00661519 | 0.00661519 | 0.00000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.00661519 | 2024-07-26 07:26:06 |