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Forex Trend Analysis Report
Prepared for you on Friday, April 26, 2024.
Bangladeshi Taka/British Pound (FOREX:BDTGBP)
Sidelines Mode (+55) - BDTGBP is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
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 UP since Apr 2nd, 2024 at 0.00726120
The intermediate-term trend has been UP since Mar 28th, 2024 at 0.00721195
The short-term trend has been DOWN since Apr 25th, 2024 at 0.00732355
Smart Scan Analysis for BDTGBP
Based on our trend formula, BDTGBP is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.00728675 | 0.00729028 | 0.00728675 | 0.00729028 | +0.00000400 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.00728675 | 2024-04-25 21:00:50 |