Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Thursday, May 9, 2024.

Brunei Dollar/Euro (FOREX:BNDEUR)

Bear Market Rally (-75) - BNDEUR is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on BNDEUR as it may be in the beginning of a reversal.

Is it time to buy, sell, or avoid BNDEUR?

MarketClub looks at technical strength and momentum to determine if the timing is right for BNDEUR.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_BNDEUR
Open High Low BNDEUR Price Change
0.6886722 0.6886722 0.6886722 0.6886722 0.0000000
Entry Signal

MarketClub’s Trade Triangles for BNDEUR

long term down The long-term trend has been DOWN since Apr 9th, 2024 at 0.6841478

intermediate term up The intermediate-term trend has been UP since Apr 12th, 2024 at 0.6881981

short term down The short-term trend has been DOWN since Apr 28th, 2024 at 0.6887671

Smart Scan Analysis for BNDEUR

Based on our trend formula, BNDEUR is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for BNDEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.6886722 0.6886722 0.6886722 0.6886722 0.0000000
Prev. Close Volume Bid Ask Time
0.6863083 2024-05-06 01:56:07
Get a free daily analysis and signals for Brunei Dollar/Euro (BNDEUR) - Request Your Free Report.