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Forex Trend Analysis Report
Prepared for you on Monday, September 25, 2023.
Bangladeshi Taka/US Dollar (FOREX:BDTUSD)
Bear Market Rally (-75) - BDTUSD is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on BDTUSD as it may be in the beginning of a reversal.
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 DOWN since Mar 3rd, 2022 at 0.01161717
The intermediate-term trend has been DOWN since Aug 13th, 2023 at 0.00913615
The short-term trend has been UP since Sep 23rd, 2023 at 0.00912345
Smart Scan Analysis for BDTUSD
Based on our trend formula, BDTUSD is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.00914671 | 0.00914671 | 0.00914671 | 0.00914671 | 0.00000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.00914671 | 2023-09-23 13:03:34 |