Forex Trend Analysis Report
Prepared for you on Tuesday, June 2, 2020.
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.
MarketClub’s Trade Triangles for BNDGBP
The long-term trend has been UP since Mar 16th, 2020 at 0.57101559
The intermediate-term trend has been UP since Apr 23rd, 2020 at 0.56751048
The short-term trend has been UP since Apr 23rd, 2020 at 0.56442003
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).