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Forex Trend Analysis Report

Prepared for you on Wednesday, March 29, 2023.

Brunei Dollar/Euro (FOREX:BNDEUR)

Long-Term Downtrend (-90) - BNDEUR is in a strong downtrend that is likely to continue. While BNDEUR is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

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
0.6997593 0.6997593 0.6997593 0.6997593 0.0000000
Entry Signal

MarketClub’s Trade Triangles for BNDEUR

long term down The long-term trend has been DOWN since Nov 17th, 2022 at 0.7067845

intermediate term down The intermediate-term trend has been DOWN since Mar 6th, 2023 at 0.6998573

short term down The short-term trend has been DOWN since Mar 6th, 2023 at 0.7011335

Smart Scan Analysis for BNDEUR

Based on our trend formula, BNDEUR is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for BNDEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.6997593 0.6997593 0.6997593 0.6997593 0.0000000
Prev. Close Volume Bid Ask Time
0.7006912 2023-03-15 08:27:19
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