Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Thursday, April 18, 2024.
Bangladeshi Taka/British Pound (FOREX:BDTGBP)
Countertrend Up (+85) - BDTGBP is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid BDTGBP?
MarketClub looks at technical strength and momentum to determine if the timing is right for BDTGBP.
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 BDTGBP
The long-term trend has been UP since Apr 2nd, 2024 at 0.00726120
The intermediate-term trend has been UP since Mar 28th, 2024 at 0.00721195
The short-term trend has been UP since Mar 18th, 2024 at 0.00711855
Smart Scan Analysis for BDTGBP
Based on our trend formula, BDTGBP is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.00731808 | 0.00731808 | 0.00731808 | 0.00731808 | 0.00000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.00733920 | 2024-04-14 22:04:00 |