Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Thursday, July 25, 2024.

British Pound/Bangladeshi Taka (FOREX:GBPBDT)

Bull Market Weakness (+75) - GBPBDT is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on GBPBDT as it may be in the beginning stages of a reversal.

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.

FOREX_GBPBDT
Open High Low GBPBDT Price Change
151.30947 151.30947 151.30947 151.30947 0.00000
Entry Signal

MarketClub’s Trade Triangles for GBPBDT

long term up The long-term trend has been UP since May 9th, 2024 at 140.77326

intermediate term up The intermediate-term trend has been UP since Jul 7th, 2024 at 149.89665

short term down The short-term trend has been DOWN since Jul 21st, 2024 at 152.41530

Smart Scan Analysis for GBPBDT

Based on our trend formula, GBPBDT is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+75
Smart Scan Analysis for GBPBDT
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
151.30947 151.30947 151.30947 151.30947 0.00000
Prev. Close Volume Bid Ask Time
151.30947 2024-07-25 07:26:12
Get a free daily analysis and signals for British Pound/Bangladeshi Taka (GBPBDT) - Request Your Free Report.