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Forex Trend Analysis Report

Prepared for you on Friday, June 21, 2024.

Brunei Dollar/British Pound (FOREX:BNDGBP)

Bull Market Weakness (+75) - BNDGBP is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on 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.

FOREX_BNDGBP
Open High Low BNDGBP Price Change
0.58455011 0.58455011 0.58455011 0.58455011 0.00000000
Entry Signal

MarketClub’s Trade Triangles for BNDGBP

long term down The long-term trend has been DOWN since Jan 8th, 2024 at 0.59195353

intermediate term up The intermediate-term trend has been UP since Jun 16th, 2024 at 0.58235322

short term up The short-term trend has been UP since Jun 16th, 2024 at 0.58118758

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
0.58455011 0.58455011 0.58455011 0.58455011 0.00000000
Prev. Close Volume Bid Ask Time
0.58455011 2024-06-21 07:26:10
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