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Forex Trend Analysis Report

Prepared for you on Tuesday, January 21, 2025.

British Pound/Bangladeshi Taka (FOREX:GBPBDT)

Strong Downtrend (-100) - GBPBDT is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, GBPBDT continues to fall. Traders should use caution and set stops.

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
148.20382 148.20382 148.20382 148.20382 0.00000
Entry Signal

MarketClub’s Trade Triangles for GBPBDT

long term down The long-term trend has been DOWN since Jan 14th, 2025 at 149.59561

intermediate term down The intermediate-term trend has been DOWN since Jan 14th, 2025 at 150.51715

short term down The short-term trend has been DOWN since Jan 14th, 2025 at 150.51715

Smart Scan Analysis for GBPBDT

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

-100
Smart Scan Analysis for GBPBDT
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
148.20382 148.20382 148.20382 148.20382 0.00000
Prev. Close Volume Bid Ask Time
148.20382 2025-01-18 02:34:59
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