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Forex Trend Analysis Report

Prepared for you on Monday, January 25, 2021.

Bangladeshi Taka/US Dollar (FOREX:BDTUSD)

Countertrend Down (-85) - BDTUSD is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.

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.

FOREX_BDTUSD
Open High Low BDTUSD Price Change
0.01179544 0.01179544 0.01179544 0.01179544 0.00000000
Entry Signal

MarketClub’s Trade Triangles for BDTUSD

long term down The long-term trend has been DOWN since Dec 21st, 2020 at 0.01173566

intermediate term down The intermediate-term trend has been DOWN since Dec 21st, 2020 at 0.01176634

short term up The short-term trend has been UP since Jan 21st, 2021 at 0.01179884

Smart Scan Analysis for BDTUSD

Based on our trend formula, BDTUSD is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for BDTUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.01179544 0.01179544 0.01179544 0.01179544 0.00000000
Prev. Close Volume Bid Ask Time
0.01179544 2021-01-25 07:22:06
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