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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.

FOREX_BNDGBP
Open High Low BNDGBP Price Change
0.53641254 0.53641254 0.53641254 0.53641254 0.00000000
Entry Signal

MarketClub’s Trade Triangles for BNDGBP

long term down The long-term trend has been DOWN since Jul 29th, 2020 at 0.56117805

intermediate term down The intermediate-term trend has been DOWN since Dec 16th, 2020 at 0.55689774

short term down 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).

-100
Smart Scan Analysis for BNDGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.53641254 0.53641254 0.53641254 0.53641254 0.00000000
Prev. Close Volume Bid Ask Time
0.53641254 2021-02-25 07:31:42
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