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Forex Trend Analysis Report

Prepared for you on Wednesday, March 29, 2023.

British Pound/Bangladeshi Taka (FOREX:GBPBDT)

Countertrend Up (+85) - GBPBDT is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

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

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

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

FOREX_GBPBDT
Open High Low GBPBDT Price Change
132.70563 132.70563 132.70563 132.70563 0.00000
Entry Signal

MarketClub’s Trade Triangles for GBPBDT

long term up The long-term trend has been UP since Nov 14th, 2022 at 119.55657

intermediate term up The intermediate-term trend has been UP since Mar 17th, 2023 at 128.85454

short term up The short-term trend has been UP since Mar 17th, 2023 at 126.35690

Smart Scan Analysis for GBPBDT

Based on our trend formula, GBPBDT is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+80
Smart Scan Analysis for GBPBDT
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
132.70563 132.70563 132.70563 132.70563 0.00000
Prev. Close Volume Bid Ask Time
132.70563 2023-03-28 13:21:43
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