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Forex Trend Analysis Report

Prepared for you on Monday, April 22, 2024.

Bangladeshi Taka/US Dollar (FOREX:BDTUSD)

Bull Market Weakness (+75) - BDTUSD is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on BDTUSD as it may be in the beginning stages of a reversal.

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
0.00913396 0.00913396 0.00913396 0.00913396 0.00000000
Entry Signal

MarketClub’s Trade Triangles for BDTUSD

long term up The long-term trend has been UP since Apr 3rd, 2024 at 0.00915894

intermediate term up The intermediate-term trend has been UP since Apr 2nd, 2024 at 0.00912553

short term up The short-term trend has been UP since Mar 19th, 2024 at 0.00911538

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).

+70
Smart Scan Analysis for BDTUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00913396 0.00913396 0.00913396 0.00913396 0.00000000
Prev. Close Volume Bid Ask Time
0.00912086 2024-04-21 15:40:05
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