Forex Trend Analysis Report
Prepared for you on Friday, February 26, 2021.
Brunei Dollar/British Pound (FOREX:BNDGBP)
Strong Downtrend (-100) - BNDGBP is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.
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 DOWN since Jul 29th, 2020 at 0.56117805
The intermediate-term trend has been DOWN since Dec 16th, 2020 at 0.55689774
The short-term trend has been DOWN since Feb 14th, 2021 at 0.54509445
Smart Scan Analysis for BNDGBP
Based on our trend formula, BNDGBP is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).