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Forex Trend Analysis Report

Prepared for you on Saturday, February 22, 2025.

Bangladeshi Taka/US Dollar (FOREX:BDTUSD)

Bear Market Rally (-75) - BDTUSD is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on BDTUSD as it may be in the beginning 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
0.00822924 0.00822924 0.00822924 0.00822924 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 Feb 12th, 2025 at 0.00823856

short term down The short-term trend has been DOWN since Feb 17th, 2025 at 0.00822840

Smart Scan Analysis for BDTUSD

Based on our trend formula, BDTUSD is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for BDTUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00822924 0.00822924 0.00822924 0.00822924 0.00000000
Prev. Close Volume Bid Ask Time
0.00822924 2025-02-22 01:41:04
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