Forex Trend Analysis Report
Prepared for you on Monday, November 30, 2020.
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.
MarketClub’s Trade Triangles for BDTUSD
The long-term trend has been UP since Nov 19th, 2020 at 0.01182956
The intermediate-term trend has been DOWN since Nov 23rd, 2020 at 0.01179433
The short-term trend has been DOWN since Nov 23rd, 2020 at 0.01179433
Smart Scan Analysis for BDTUSD
Based on our trend formula, BDTUSD is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).