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Forex Trend Analysis Report

Prepared for you on Sunday, August 1, 2021.

Bangladeshi Taka/Japanese Yen (FOREX:BDTJPY)

Weak Downtrend (-65) - BDTJPY is showing signs of a strengthening downtrend. Monitor BDTJPY as it may be building momentum to the downside.

Is it time to buy, sell, or avoid BDTJPY?

MarketClub looks at technical strength and momentum to determine if the timing is right for BDTJPY.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_BDTJPY
Open High Low BDTJPY Price Change
1.29167 1.29167 1.29167 1.29167 0.00000
Entry Signal

MarketClub’s Trade Triangles for BDTJPY

long term up The long-term trend has been UP since Feb 7th, 2021 at 1.2437545

intermediate term down The intermediate-term trend has been DOWN since Jul 30th, 2021 at 1.2951418

short term down The short-term trend has been DOWN since Jul 6th, 2021 at 1.3073475

Smart Scan Analysis for BDTJPY

Based on our trend formula, BDTJPY is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for BDTJPY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.29167 1.29167 1.29167 1.29167 0.00000
Prev. Close Volume Bid Ask Time
1.29167 2021-07-30 07:19:42
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