Forex Trend Analysis Report
Prepared for you on Friday, February 26, 2021.
Bangladeshi Taka/British Pound (FOREX:BDTGBP)
Strong Downtrend (-100) - BDTGBP is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution 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.
MarketClub’s Trade Triangles for BDTGBP
The long-term trend has been DOWN since Jul 29th, 2020 at 0.00922027
The intermediate-term trend has been DOWN since Nov 11th, 2020 at 0.00896944
The short-term trend has been DOWN since Feb 14th, 2021 at 0.00852238
Smart Scan Analysis for BDTGBP
Based on our trend formula, BDTGBP is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).