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Forex Trend Analysis Report

Prepared for you on Monday, February 18, 2019.

British Pound/Bangladeshi Taka (FOREX:GBPBDT)

Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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
108.04 108.04 108.04 108.04 0.00
Entry Signal

MarketClub’s Trade Triangles for GBPBDT

long term down The long term trend has been DOWN since May 13th, 2018 at 115.205

intermediate term down The intermediate term trend has been DOWN since Feb 15th, 2019 at 107.855

short term down The short term trend has been DOWN since Feb 5th, 2019 at 109.515

Smart Scan Analysis for GBPBDT

Based on a pre-defined weighted trend formula for chart analysis, GBPBDT scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-90
Smart Scan Analysis for GBPBDT
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
108.04 108.04 108.04 108.04 0.00
Prev. Close Volume Bid Ask Time
108.04 105.98 110.10 2019-02-17 20:17:59
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