Forex Trend Analysis Report
Prepared for you on Wednesday, June 29, 2022.
Brunei Dollar/British Pound (FOREX:BNDGBP)
Weak Uptrend (+65) - BNDGBP is showing signs of weakening momentum to the upside. Monitor BNDGBP as it may be in the beginning stages of a reversal.
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 Sep 3rd, 2021 at 0.53859099
The intermediate-term trend has been UP since Jun 10th, 2022 at 0.58155241
The short-term trend has been DOWN since Jun 17th, 2022 at 0.58922508
Smart Scan Analysis for BNDGBP
Based on our trend formula, BNDGBP is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).