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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.

FOREX_BDTGBP
Open High Low BDTGBP Price Change
0.00896243 0.00896243 0.00875113 0.00875113 -0.00021100
Entry Signal

MarketClub’s Trade Triangles for BDTGBP

long term down The long-term trend has been DOWN since Jun 9th, 2022 at 0.00866852

intermediate term down The intermediate-term trend has been DOWN since May 25th, 2022 at 0.00916151

short term down 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).

-100
Smart Scan Analysis for BDTGBP
Strong Downtrend Sideways 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
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