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Forex Trend Analysis Report

Prepared for you on Wednesday, November 29, 2023.

Brunei Dollar/British Pound (FOREX:BNDGBP)

Weak Downtrend (-65) - BNDGBP is showing signs of a strengthening downtrend. Monitor BNDGBP as it may be building momentum to the downside.

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
0.59329875 0.59329875 0.59329875 0.59329875 0.00000000
Entry Signal

MarketClub’s Trade Triangles for BNDGBP

long term up The long-term trend has been UP since Sep 22nd, 2023 at 0.59739123

intermediate term down The intermediate-term trend has been DOWN since Nov 16th, 2023 at 0.60212264

short term down The short-term trend has been DOWN since Nov 16th, 2023 at 0.60212264

Smart Scan Analysis for BNDGBP

Based on our trend formula, BNDGBP is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for BNDGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.59329875 0.59329875 0.59329875 0.59329875 0.00000000
Prev. Close Volume Bid Ask Time
0.59329875 2023-11-28 07:28:25
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