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Forex Trend Analysis Report

Prepared for you on Wednesday, November 20, 2024.

Brunei Dollar/British Pound (FOREX:BNDGBP)

Countertrend Up (+85) - BNDGBP 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 BNDGBP?

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

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

FOREX_BNDGBP
Open High Low BNDGBP Price Change
0.58922235 0.58922235 0.58922235 0.58922235 0.00000000
Entry Signal

MarketClub’s Trade Triangles for BNDGBP

long term up The long-term trend has been UP since Aug 4th, 2024 at 0.59130648

intermediate term up The intermediate-term trend has been UP since Nov 15th, 2024 at 0.58576275

short term up The short-term trend has been UP since Nov 15th, 2024 at 0.58576275

Smart Scan Analysis for BNDGBP

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

+80
Smart Scan Analysis for BNDGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.58922235 0.58922235 0.58922235 0.58922235 0.00000000
Prev. Close Volume Bid Ask Time
0.59056178 2024-11-18 07:25:25
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