Forex Trend Analysis Report
Prepared for you on Saturday, May 30, 2020.
Bangladeshi Taka/US Dollar (FOREX:BDTUSD)
Weak Uptrend (+65) - BDTUSD is showing signs of weakening momentum to the upside. Monitor BDTUSD as it may be in the beginning stages 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.
MarketClub’s Trade Triangles for BDTUSD
The long-term trend has been UP since Mar 29th, 2020 at 0.01183530
The intermediate-term trend has been UP since May 18th, 2020 at 0.01179274
The short-term trend has been DOWN since May 18th, 2020 at 0.01178071
Smart Scan Analysis for BDTUSD
Based on our trend formula, BDTUSD is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).