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Forex Trend Analysis Report

Prepared for you on Friday, May 9, 2025.

Bangladeshi Taka/US Dollar (FOREX:BDTUSD)

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

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

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

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

FOREX_BDTUSD
Open High Low BDTUSD Price Change
0.00821271 0.00821271 0.00821271 0.00821271 0.00000000
Entry Signal

MarketClub’s Trade Triangles for BDTUSD

long term down The long-term trend has been DOWN since Jan 7th, 2025 at 0.00834239

intermediate term up The intermediate-term trend has been UP since Apr 28th, 2025 at 0.00823888

short term down The short-term trend has been DOWN since May 3rd, 2025 at 0.00823456

Smart Scan Analysis for BDTUSD

Based on our trend formula, BDTUSD is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-65
Smart Scan Analysis for BDTUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00821271 0.00821271 0.00821271 0.00821271 0.00000000
Prev. Close Volume Bid Ask Time
0.00824048 2025-05-03 16:46:29
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