Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Monday, October 18, 2021.

Bangladeshi Taka/British Pound (FOREX:BDTGBP)

Weak Downtrend (-65) - BDTGBP is showing signs of a strengthening downtrend. Monitor BDTGBP as it may be building momentum to the downside.

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
0.00850997 0.00850997 0.00850997 0.00850997 0.00000000
Entry Signal

MarketClub’s Trade Triangles for BDTGBP

long term up The long-term trend has been UP since Jul 19th, 2021 at 0.00858671

intermediate term down The intermediate-term trend has been DOWN since Oct 18th, 2021 at 0.00852648

short term down The short-term trend has been DOWN since Oct 12th, 2021 at 0.00858503

Smart Scan Analysis for BDTGBP

Based on our trend formula, BDTGBP is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for BDTGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00850997 0.00850997 0.00850997 0.00850997 0.00000000
Prev. Close Volume Bid Ask Time
0.00850997 2021-10-18 07:17:19
Get a free daily analysis and signals for Bangladeshi Taka/British Pound (BDTGBP) - Request Your Free Report.