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Forex Trend Analysis Report
Prepared for you on Wednesday, April 24, 2024.
Bangladeshi Taka/US Dollar (FOREX:BDTUSD)
Countertrend Up (+85) - BDTUSD 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 BDTUSD?
MarketClub looks at technical strength and momentum to determine if the timing is right for BDTUSD.
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 BDTUSD
The long-term trend has been UP since Apr 3rd, 2024 at 0.00915894
The intermediate-term trend has been UP since Apr 2nd, 2024 at 0.00912553
The short-term trend has been UP since Mar 19th, 2024 at 0.00911538
Smart Scan Analysis for BDTUSD
Based on our trend formula, BDTUSD is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.00912453 | 0.00912453 | 0.00912453 | 0.00912453 | 0.00000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.00912453 | 2024-04-23 07:26:28 |