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Forex Trend Analysis Report

Prepared for you on Monday, October 18, 2021.

Brunei Dollar/British Pound (FOREX:BNDGBP)

Sidelines Mode (+55) - BNDGBP is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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
0.54075432 0.54075432 0.54075432 0.54075432 0.00000000
Entry Signal

MarketClub’s Trade Triangles for BNDGBP

long term up The long-term trend has been UP since Sep 3rd, 2021 at 0.53859099

intermediate term up The intermediate-term trend has been UP since Sep 21st, 2021 at 0.53993009

short term down The short-term trend has been DOWN since Oct 14th, 2021 at 0.54114928

Smart Scan Analysis for BNDGBP

Based on our trend formula, BNDGBP is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for BNDGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.54075432 0.54075432 0.54075432 0.54075432 0.00000000
Prev. Close Volume Bid Ask Time
0.54075432 2021-10-14 07:18:43
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