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Forex Trend Analysis Report

Prepared for you on Tuesday, October 15, 2024.

Brunei Dollar/US Dollar (FOREX:BNDUSD)

Crossroads (-60) - BNDUSD is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid BNDUSD?

MarketClub looks at technical strength and momentum to determine if the timing is right for BNDUSD.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_BNDUSD
Open High Low BNDUSD Price Change
0.7653528 0.7653528 0.7653528 0.7653528 0.0000000
Entry Signal

MarketClub’s Trade Triangles for BNDUSD

long term up The long-term trend has been UP since Jul 17th, 2024 at 0.7457802

intermediate term down The intermediate-term trend has been DOWN since Oct 6th, 2024 at 0.7782538

short term down The short-term trend has been DOWN since Oct 6th, 2024 at 0.7782538

Smart Scan Analysis for BNDUSD

Based on our trend formula, BNDUSD is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for BNDUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.7653528 0.7653528 0.7653528 0.7653528 0.0000000
Prev. Close Volume Bid Ask Time
0.7667919 2024-10-11 07:25:16
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