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Forex Trend Analysis Report

Prepared for you on Sunday, April 14, 2024.

Bangladeshi Taka/British Pound (FOREX:BDTGBP)

Countertrend Up (+85) - BDTGBP is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

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.

FOREX_BDTGBP
Open High Low BDTGBP Price Change
0.00730854 0.00730854 0.00730854 0.00730854 0.00000000
Entry Signal

MarketClub’s Trade Triangles for BDTGBP

long term up The long-term trend has been UP since Apr 2nd, 2024 at 0.00726120

intermediate term up The intermediate-term trend has been UP since Mar 28th, 2024 at 0.00721195

short term up The short-term trend has been UP since Mar 18th, 2024 at 0.00711855

Smart Scan Analysis for BDTGBP

Based on our trend formula, BDTGBP is rated as a +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
0.00730854 0.00730854 0.00730854 0.00730854 0.00000000
Prev. Close Volume Bid Ask Time
0.00730854 2024-04-13 14:02:01
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