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Forex Trend Analysis Report
Prepared for you on Saturday, April 20, 2024.
British Pound/Bangladeshi Taka (FOREX:GBPBDT)
Strong Downtrend (-100) - GBPBDT is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, GBPBDT continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid GBPBDT?
MarketClub looks at technical strength and momentum to determine if the timing is right for GBPBDT.
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 GBPBDT
The long-term trend has been DOWN since Apr 2nd, 2024 at 137.75048
The intermediate-term trend has been DOWN since Mar 28th, 2024 at 138.69065
The short-term trend has been DOWN since Mar 18th, 2024 at 140.50955
Smart Scan Analysis for GBPBDT
Based on our trend formula, GBPBDT is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 136.68025 | 136.68025 | 136.68025 | 136.68025 | 0.00000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 136.47512 | 2024-04-14 22:04:00 |