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Forex Trend Analysis Report

Prepared for you on Friday, April 19, 2024.

US Dollar/Brunei Dollar (FOREX:USDBND)

Countertrend Up (+85) - USDBND is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

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

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

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

FOREX_USDBND
Open High Low USDBND Price Change
1.3600225 1.3600225 1.3600225 1.3600225 0.0000000
Entry Signal

MarketClub’s Trade Triangles for USDBND

long term up The long-term trend has been UP since Mar 28th, 2024 at 1.3497763

intermediate term up The intermediate-term trend has been UP since Mar 28th, 2024 at 1.3411422

short term up The short-term trend has been UP since Apr 10th, 2024 at 1.3527285

Smart Scan Analysis for USDBND

Based on our trend formula, USDBND is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+80
Smart Scan Analysis for USDBND
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.3600225 1.3600225 1.3600225 1.3600225 0.0000000
Prev. Close Volume Bid Ask Time
1.3623256 2024-04-18 07:26:29
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