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Forex Trend Analysis Report

Prepared for you on Saturday, September 21, 2019.

US Dollar/Bangladeshi Taka (FOREX:USDBDT)

Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend Very tight money management stops.

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_USDBDT
Open High Low USDBDT Price Change
84.526 84.526 84.520 84.520 -0.006
Entry Signal

MarketClub’s Trade Triangles for USDBDT

long term up The long term trend has been UP since Apr 5th, 2019 at 84.571

intermediate term down The intermediate term trend has been DOWN since Sep 4th, 2019 at 84.402

short term up The short term trend has been UP since Sep 18th, 2019 at 84.525

Smart Scan Analysis for USDBDT

Based on a pre-defined weighted trend formula for chart analysis, USDBDT scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+65
Smart Scan Analysis for USDBDT
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
84.526 84.526 84.520 84.520 -0.006
Prev. Close Volume Bid Ask Time
84.526 82.890 86.150 2019-09-20 12:45:28
Want to analyze US Dollar/Bangladeshi Taka USDBDT or another symbol? Try our Free Forex Trend Analysis Report.