Free Daily Analysis

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.

FOREX_BDTUSD
Open High Low BDTUSD Price Change
0.01174812 0.01174812 0.01174812 0.01174812 0.00000000
Entry Signal

MarketClub’s Trade Triangles for BDTUSD

long term up The long-term trend has been UP since Mar 29th, 2020 at 0.01183530

intermediate term up The intermediate-term trend has been UP since May 18th, 2020 at 0.01179274

short term down 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).

+65
Smart Scan Analysis for BDTUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.01174812 0.01174812 0.01174812 0.01174812 0.00000000
Prev. Close Volume Bid Ask Time
0.01174812 0.01152145 0.01197479 2020-05-26 07:14:37
Get a free daily analysis and signals for Bangladeshi Taka/US Dollar (BDTUSD) - Request Your Free Report.