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Forex Trend Analysis Report

Prepared for you on Tuesday, June 2, 2020.

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
0.00951139 0.00951139 0.00951139 0.00951139 0.00000000
Entry Signal

MarketClub’s Trade Triangles for BDTGBP

long term up The long-term trend has been UP since Mar 29th, 2020 at 0.00915194

intermediate term down The intermediate-term trend has been DOWN since Jun 1st, 2020 at 0.00954554

short term down The short-term trend has been DOWN since May 19th, 2020 at 0.00965445

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
0.00951139 0.00951139 0.00951139 0.00951139 0.00000000
Prev. Close Volume Bid Ask Time
0.00951139 0.00932991 0.00969286 2020-06-01 07:17:50
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