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Forex Trend Analysis Report

Prepared for you on Wednesday, March 3, 2021.

British Pound/Bangladeshi Taka (FOREX:GBPBDT)

Long-Term Uptrend (+90) - GBPBDT is in a strong uptrend that is likely to continue. While GBPBDT is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution 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
119.91616 119.91616 119.91616 119.91616 0.00000
Entry Signal

MarketClub’s Trade Triangles for GBPBDT

long term up The long-term trend has been UP since Jul 29th, 2020 at 108.49447

intermediate term up The intermediate-term trend has been UP since Nov 11th, 2020 at 111.52544

short term up The short-term trend has been UP since Feb 14th, 2021 at 117.37413

Smart Scan Analysis for GBPBDT

Based on our trend formula, GBPBDT is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for GBPBDT
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
119.91616 119.91616 119.91616 119.91616 0.00000
Prev. Close Volume Bid Ask Time
117.79343 2021-02-25 07:31:41
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