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Forex Trend Analysis Report

Prepared for you on Wednesday, June 29, 2022.

British Pound/Bangladeshi Taka (FOREX:GBPBDT)

Bull Market Weakness (+75) - GBPBDT is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on 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.

FOREX_GBPBDT
Open High Low GBPBDT Price Change
114.30966 114.30966 114.30966 114.30966 0.00000
Entry Signal

MarketClub’s Trade Triangles for GBPBDT

long term up The long-term trend has been UP since Jun 9th, 2022 at 115.40108

intermediate term up The intermediate-term trend has been UP since May 25th, 2022 at 109.19355

short term up The short-term trend has been UP since May 20th, 2022 at 108.62449

Smart Scan Analysis for GBPBDT

Based on our trend formula, GBPBDT is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for GBPBDT
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
114.30966 114.30966 114.30966 114.30966 0.00000
Prev. Close Volume Bid Ask Time
113.40618 2022-06-18 05:16:20
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