Free United States dollar With Bangladeshi taka (USDBDT(Forex)) Technical Analysis Signals

Overal Signal
Sell
Signals
Sell Hold Sell Sell
Last Update / Period
25 Dec / Daily
Category/Currency
Forex/BDT
Exchange/Country
FX/--

United States dollar With Bangladeshi taka (USDBDT(Forex)) signal with technical analysis on 25 Dec

On 25 Dec, we conducted a comprehensive technical analysis of United States dollar With Bangladeshi taka (USDBDT(Forex)), considering 256 signals with intricate details. Here are the key findings: 36 signals suggested buy strategies, while 103 indicated sell strategies. The remaining 117 signals remained neutral without offering a specific direction.
The 256 signals were categorized into four distinct strategies, each consisting of 64 signals. Let's dive into the details of each strategy:

Strategy 1:
Buy Signals: 10
Sell Signals: 23
Neutral Signals: 31
Result: This strategy leads to a Sell position.

Strategy 2:
Buy Signals: 11
Sell Signals: 26
Neutral Signals: 27
Result: This strategy leads to a Hold position.

Strategy 3:
Buy Signals: 7
Sell Signals: 29
Neutral Signals: 28
Result: This strategy leads to a Sell position.

Strategy 4:
Buy Signals: 8
Sell Signals: 25
Neutral Signals: 31
Result: This strategy leads to a Sell position.

Overall Strategy:
Buy Signals: 36
Sell Signals: 103
Neutral Signals: 117
Result: This strategy leads to a Sell position.

Disclaimer! Please exercise caution and thorough consideration before making any financial decisions. It's important to note that our signals are based solely on daily price changes and do not take into account external factors such as news, market sentiment, or company developments. We strongly recommend considering all relevant factors and conducting your own research.

Useful Tips: To make the most informed decisions about your United States dollar With Bangladeshi taka (USDBDT(Forex)) investments, we highly recommend visiting the "Magic Prediction" AI models signals website. They provide free signals, and if one aligns with ours, it is likely to be a reliable indicator, as we have observed over time.


Result: Looking at the technical analysis for United States dollar With Bangladeshi taka (USDBDT(Forex)) on , there is a tendency towards a sell signal based on historical data and analysis. However, it’s crucial to remember that these signals are not guarantees. Make sure to carefully consider overall market conditions and align your decisions with your specific investment goals.

Based on the above signals and forecasts, we recommend the following strategies:
United States dollar With Bangladeshi taka (USDBDT(Forex)) trading strategy for those in buy positions (long positions): If you are currently in a buy (long) position, it is advisable to identify the optimal time to exit your position based on a combination of technical signals. Those with a high risk tolerance may choose to wait and observe market movements over the next few days.
United States dollar With Bangladeshi taka (USDBDT(Forex)) trading strategy for those in sell positions (short positions): If you are in a sell (short) position, holding your position may be the right strategy, as indicated by the consensus of our technical analysis. However, be cautious and monitor market developments closely.
For new positions: If you are not currently invested or considering switching to a sell (short) position, it’s recommended to assess the potential downside of INF% based on the lowest expected price range. Ensure that this aligns with your risk tolerance and objectives by conducting thorough research before entering a short position.

In all trading scenarios, a well-defined stop-loss strategy is critical to managing potential downside risks effectively.

Useful Tip: For long-term forecasting, we recommend using the "Predict-price" website, which offers both short-term and long-term predictions at no cost. This resource can support informed decision-making regarding your **United States dollar With Bangladeshi taka (USDBDT(Forex))** investments.

United States dollar With Bangladeshi taka (USDBDT(Forex)) Price Analysis and Support Levels:

In our current United States dollar With Bangladeshi taka (USDBDT(Forex)) position, we find ourselves in a short position, anticipating a potential downward trend. Understanding the key support levels is essential, as these serve as critical reference points for traders and investors to make informed decisions.

First Support Level: 100.438
We are closely monitoring the price at 100.438, the first support level. If the downward trend continues, breaching this level would signal strong selling pressure, suggesting the possibility of further price depreciation.

These support levels should be carefully considered within the context of broader market trends and indicators. By staying alert and consistently analyzing the market, you can make well-informed decisions while trading United States dollar With Bangladeshi taka (USDBDT(Forex)). Keeping these support levels in mind will help you adapt to the dynamic nature of the market and make smarter trading choices.

United States dollar With Bangladeshi taka (USDBDT(Forex)) technical analysis chart

United States dollar With Bangladeshi taka (USDBDT(Forex)) support and resistance levels

Name Level1 Level2 Level3 Level4 Level5
Resistance -- -- -- -- --
Support 100.438 -- -- -- --
 United States dollar With Bangladeshi taka (USDBDT(Forex)) Support and Resistance area (25 Dec)

United States dollar With Bangladeshi taka (USDBDT(Forex)) signals list for 25 Dec

Overall Signals
Signal 1 Signal 2
Signal 3 Signal 4

United States dollar With Bangladeshi taka (USDBDT(Forex)) candlestick patterns on 25 Dec

Today's United States dollar With Bangladeshi taka (USDBDT(Forex)) Candle Patterns List:

Harami Pattern Short Line Candle

United States dollar With Bangladeshi taka (USDBDT(Forex)) technical analysis over the past days

# Date Overal Signals ALL Signals
1 24 Dec Sell SellSellSellSell
2 23 Dec Hold NeutralBuyNeutralNeutral
3 22 Dec Sell SellSellSellSell
4 20 Dec Hold NeutralNeutralNeutralNeutral
5 19 Dec Buy BuyNeutralNeutralBuy
6 18 Dec Hold NeutralNeutralNeutralHold
7 17 Dec Hold NeutralNeutralHoldHold
8 16 Dec Hold HoldHoldHoldHold
9 15 Dec Hold HoldHoldHoldHold
10 13 Dec Sell SellSellSellSell
11 12 Dec Hold NeutralBuyNeutralNeutral
12 11 Dec Sell SellSellNeutralSell
13 10 Dec Hold NeutralHoldNeutralNeutral
14 09 Dec Buy HoldHoldBuyHold
15 08 Dec Buy BuyBuyNeutralBuy
16 06 Dec Sell NeutralNeutralNeutralSell
17 05 Dec Buy HoldBuyNeutralNeutral
18 04 Dec Neutral HoldNeutralNeutralNeutral
19 03 Dec Buy BuyBuyNeutralNeutral
20 02 Dec Hold NeutralHoldHoldHold
21 01 Dec Sell SellSellSellHold
22 29 Nov Buy BuyNeutralNeutralHold
23 28 Nov Hold NeutralNeutralHoldHold
24 27 Nov Hold NeutralNeutralHoldHold
25 26 Nov Sell SellHoldHoldHold
26 25 Nov Sell NeutralSellHoldHold
27 22 Nov Buy BuyNeutralHoldHold
28 21 Nov Hold NeutralHoldHoldHold
29 20 Nov Hold NeutralHoldHoldHold
30 19 Nov Hold HoldHoldHoldHold

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