Analyze Symbol
Forex Trend Analysis Report
Prepared for you on Monday, June 24, 2019.
British Pound/Bangladeshi Taka (FOREX:GBPBDT)
Smart Scan Chart Analysis indicates that the upward trend for this market is at a crossroads and has possibly ended. Look for choppy trading conditions in the near term Trading Range Mode.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
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MarketClub’s Trade Triangles for GBPBDT
The long term trend has been DOWN since May 19th, 2019 at 107.580
The intermediate term trend has been UP since Jun 24th, 2019 at 107.615
The short term trend has been UP since Jun 20th, 2019 at 106.920
Smart Scan Analysis for GBPBDT
Based on a pre-defined weighted trend formula for chart analysis, GBPBDT scored +50 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 107.685 | 107.685 | 107.685 | 107.685 | 0.000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 107.685 | 105.670 | 109.700 | 2019-06-24 08:50:15 |