Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Friday, May 9, 2025.
Bangladeshi Taka/British Pound (FOREX:BDTGBP)
Countertrend Down (-85) - BDTGBP is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
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 Feb 17th, 2025 at 0.00652464
The intermediate-term trend has been DOWN since Feb 2nd, 2025 at 0.00660210
The short-term trend has been UP since May 3rd, 2025 at 0.00619381
Smart Scan Analysis for BDTGBP
Based on our trend formula, BDTGBP is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.00619529 | 0.00619529 | 0.00619529 | 0.00619529 | 0.00000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.00618464 | 2025-05-03 16:46:29 |