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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.

FOREX_GBPBDT
Open High Low GBPBDT Price Change
107.685 107.685 107.685 107.685 0.000
Entry Signal

MarketClub’s Trade Triangles for GBPBDT

long term down The long term trend has been DOWN since May 19th, 2019 at 107.580

intermediate term up The intermediate term trend has been UP since Jun 24th, 2019 at 107.615

short term up 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).

+50
Smart Scan Analysis for GBPBDT
Strong Downtrend Sideways 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
Want to analyze British Pound/Bangladeshi Taka GBPBDT or another symbol? Try our Free Forex Trend Analysis Report.