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Forex Trend Analysis Report

Prepared for you on Friday, February 7, 2025.

British Pound/Bangladeshi Taka (FOREX:GBPBDT)

Crossroads (-60) - GBPBDT is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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
151.29059 151.29059 151.29059 151.29059 0.00000
Entry Signal

MarketClub’s Trade Triangles for GBPBDT

long term down The long-term trend has been DOWN since Jan 14th, 2025 at 149.59561

intermediate term up The intermediate-term trend has been UP since Feb 2nd, 2025 at 151.49758

short term up The short-term trend has been UP since Jan 30th, 2025 at 151.41791

Smart Scan Analysis for GBPBDT

Based on our trend formula, GBPBDT is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for GBPBDT
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
151.29059 151.29059 151.29059 151.29059 0.00000
Prev. Close Volume Bid Ask Time
151.29059 2025-02-06 21:00:04
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