Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Monday, February 17, 2020.

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 ?

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
0.00903326 0.00903326 0.00903326 0.00903326 0.00000000
Entry Signal

MarketClub’s Trade Triangles for BDTGBP

long term down The long-term trend has been DOWN since Oct 17th, 2019 at 0.00939100

intermediate term up The intermediate-term trend has been UP since Jan 20th, 2020 at 0.00904897

short term down The short-term trend has been DOWN since Feb 13th, 2020 at 0.00902359

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).

-55
Smart Scan Analysis for BDTGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00903326 0.00903326 0.00903326 0.00903326 0.00000000
Prev. Close Volume Bid Ask Time
0.00903326 0.00885652 0.00921001 2020-02-16 21:04:30
Get a free daily analysis and signals for Bangladeshi Taka/British Pound (BDTGBP) - Request Your Free Report.