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Forex Trend Analysis Report
Prepared for you on Saturday, February 22, 2025.
Bangladeshi Taka/Japanese Yen (FOREX:BDTJPY)
Strong Downtrend (-100) - BDTJPY is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, BDTJPY continues to fall. Traders should use caution and set stops.
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 DOWN since Jan 22nd, 2025 at 1.2959506
The short-term trend has been DOWN since Jan 22nd, 2025 at 1.2959506
Smart Scan Analysis for BDTJPY
Based on our trend formula, BDTJPY is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.2279065 | 1.2279065 | 1.2279065 | 1.2279065 | 0.0000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.2279065 | 2025-02-22 01:41:04 |