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Forex Trend Analysis Report
Prepared for you on Friday, February 26, 2021.
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 Dec 21st, 2020 at 85.23747
The intermediate-term trend has been DOWN since Jan 29th, 2021 at 84.76809
The short-term trend has been DOWN since Feb 22nd, 2021 at 84.58169
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 |
|---|---|---|---|---|
| 84.76516 | 84.76516 | 84.76516 | 84.76516 | 0.00000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 84.76516 | 2021-02-25 07:31:41 |