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Forex Trend Analysis Report
Prepared for you on Wednesday, February 5, 2025.
Bangladeshi Taka/British Pound (FOREX:BDTGBP)
Weak Downtrend (-65) - BDTGBP is showing signs of a strengthening downtrend. Monitor BDTGBP as it may be building momentum to the downside.
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 Jan 14th, 2025 at 0.00668609
The intermediate-term trend has been DOWN since Feb 2nd, 2025 at 0.00660210
The short-term trend has been DOWN since Jan 30th, 2025 at 0.00660555
Smart Scan Analysis for BDTGBP
Based on our trend formula, BDTGBP is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.00661328 | 0.00661328 | 0.00661328 | 0.00661328 | 0.00000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.00661328 | 2025-02-04 07:25:19 |