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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.

FOREX_BNDGBP
Open High Low BNDGBP Price Change
0.57626416 0.57626416 0.57626416 0.57626416 0.00000000
Entry Signal

MarketClub’s Trade Triangles for BNDGBP

long term up The long-term trend has been UP since Mar 16th, 2020 at 0.57101559

intermediate term up The intermediate-term trend has been UP since Apr 23rd, 2020 at 0.56751048

short term up 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).

+80
Smart Scan Analysis for BNDGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.57626416 0.57626416 0.57626416 0.57626416 0.00000000
Prev. Close Volume Bid Ask Time
0.57500567 0.56697137 0.58555694 2020-05-20 07:19:05
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