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Forex Trend Analysis Report

Prepared for you on Monday, May 25, 2020.

Bangladeshi Taka/Japanese Yen (FOREX:BDTJPY)

Crossroads (-60) - BDTJPY 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 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
1.2641425 1.2641425 1.2641425 1.2641425 0.0000000
Entry Signal

MarketClub’s Trade Triangles for BDTJPY

long term down The long-term trend has been DOWN since Mar 4th, 2020 at 1.2730455

intermediate term up The intermediate-term trend has been UP since May 18th, 2020 at 1.2662080

short term up The short-term trend has been UP since May 14th, 2020 at 1.2597145

Smart Scan Analysis for BDTJPY

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

-60
Smart Scan Analysis for BDTJPY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.2641425 1.2641425 1.2641425 1.2641425 0.0000000
Prev. Close Volume Bid Ask Time
1.2661290 1.2397589 1.2885262 2020-05-21 21:08:17
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