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Forex Trend Analysis Report

Prepared for you on Friday, February 26, 2021.

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, SHORTSYMBOL 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
0.00834167 0.00834167 0.00834167 0.00834167 0.00000000
Entry Signal

MarketClub’s Trade Triangles for BDTGBP

long term down The long-term trend has been DOWN since Jul 29th, 2020 at 0.00922027

intermediate term down The intermediate-term trend has been DOWN since Nov 11th, 2020 at 0.00896944

short term down The short-term trend has been DOWN since Feb 14th, 2021 at 0.00852238

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
0.00834167 0.00834167 0.00834167 0.00834167 0.00000000
Prev. Close Volume Bid Ask Time
0.00834167 2021-02-25 07:31:41
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