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Forex Trend Analysis Report
Prepared for you on Friday, May 9, 2025.
Bangladeshi Taka/Japanese Yen (FOREX:BDTJPY)
Sidelines Mode (+50) - BDTJPY is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until BDTJPY can gain momentum.
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.
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MarketClub’s Trade Triangles for BDTJPY
The long-term trend has been DOWN since Feb 6th, 2025 at 1.2502920
The intermediate-term trend has been UP since Apr 27th, 2025 at 1.1782783
The short-term trend has been UP since Apr 27th, 2025 at 1.1745857
Smart Scan Analysis for BDTJPY
Based on our trend formula, BDTJPY is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.1892754 | 1.1900145 | 1.1892754 | 1.1900145 | +0.0007390 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.1921990 | 2025-05-03 16:46:29 |