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Forex Trend Analysis Report

Prepared for you on Monday, October 14, 2024.

Bangladeshi Taka/British Pound (FOREX:BDTGBP)

Crossroads (-60) - BDTGBP is struggling to move into a solid trend. Beware of choppy markets 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.

FOREX_BDTGBP
Open High Low BDTGBP Price Change
0.00640732 0.00640732 0.00640732 0.00640732 0.00000000
Entry Signal

MarketClub’s Trade Triangles for BDTGBP

long term down The long-term trend has been DOWN since May 9th, 2024 at 0.00710522

intermediate term up The intermediate-term trend has been UP since Oct 12th, 2024 at 0.00637623

short term up The short-term trend has been UP since Oct 12th, 2024 at 0.00634935

Smart Scan Analysis for BDTGBP

Based on our trend formula, BDTGBP is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for BDTGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00640732 0.00640732 0.00640732 0.00640732 0.00000000
Prev. Close Volume Bid Ask Time
0.00640732 2024-10-12 02:46:23
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