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Forex Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
British Pound/Bangladeshi Taka (FOREX:GBPBDT)
Weak Downtrend (-65) - GBPBDT is showing signs of a strengthening downtrend. Monitor GBPBDT as it may be building momentum to the downside.
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 May 9th, 2024 at 140.77326
The intermediate-term trend has been DOWN since Oct 17th, 2024 at 158.87508
The short-term trend has been DOWN since Oct 17th, 2024 at 157.52525
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 153.29605 | 153.29605 | 153.29605 | 153.29605 | 0.00000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 151.65877 | 2024-11-12 07:25:10 |