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Forex Trend Analysis Report
Prepared for you on Wednesday, June 29, 2022.
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, BDTGBP 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.
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MarketClub’s Trade Triangles for BDTGBP
The long-term trend has been DOWN since Jun 9th, 2022 at 0.00866852
The intermediate-term trend has been DOWN since May 25th, 2022 at 0.00916151
The short-term trend has been DOWN since May 20th, 2022 at 0.00920960
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.00896243 | 0.00896243 | 0.00875113 | 0.00875113 | -0.00021100 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.00882085 | 2022-06-18 05:16:20 |