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Forex Trend Analysis Report
Prepared for you on Friday, May 9, 2025.
British Pound/Bangladeshi Taka (FOREX:GBPBDT)
Weak Uptrend (+65) - GBPBDT is showing signs of weakening momentum to the upside. Monitor GBPBDT as it may be in the beginning stages of a reversal.
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.
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MarketClub’s Trade Triangles for GBPBDT
The long-term trend has been UP since Feb 17th, 2025 at 153.29605
The intermediate-term trend has been UP since Feb 2nd, 2025 at 151.49758
The short-term trend has been DOWN since May 3rd, 2025 at 161.47891
Smart Scan Analysis for GBPBDT
Based on our trend formula, GBPBDT is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 161.4405 | 161.4405 | 161.4405 | 161.4405 | 0.0000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 161.7188 | 2025-05-03 16:46:29 |