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Forex Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
Brunei Dollar/US Dollar (FOREX:BNDUSD)
Crossroads (-60) - BNDUSD 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 BNDUSD?
MarketClub looks at technical strength and momentum to determine if the timing is right for BNDUSD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for BNDUSD
The long-term trend has been DOWN since Mar 28th, 2024 at 0.7410852
The intermediate-term trend has been UP since May 5th, 2024 at 0.7376385
The short-term trend has been UP since May 5th, 2024 at 0.7376385
Smart Scan Analysis for BNDUSD
Based on our trend formula, BNDUSD is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.7410801 | 0.7410801 | 0.7410801 | 0.7410801 | 0.0000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.7372941 | 2024-05-06 01:56:07 |