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Forex Trend Analysis Report
Prepared for you on Thursday, March 20, 2025.
US Dollar/Bangladeshi Taka (FOREX:USDBDT)
Crossroads (-60) - USDBDT is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid USDBDT?
MarketClub looks at technical strength and momentum to determine if the timing is right for USDBDT.
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 USDBDT
The long-term trend has been UP since Jan 7th, 2025 at 119.89436
The intermediate-term trend has been DOWN since Feb 12th, 2025 at 121.40502
The short-term trend has been DOWN since Mar 16th, 2025 at 121.46342
Smart Scan Analysis for USDBDT
Based on our trend formula, USDBDT is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 121.21767 | 121.21767 | 121.21767 | 121.21767 | 0.00000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 121.48021 | 2025-03-16 08:14:33 |