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Forex Trend Analysis Report

Prepared for you on Monday, October 18, 2021.

Brunei Dollar/US Dollar (FOREX:BNDUSD)

Sidelines Mode (+50) - BNDUSD is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until BNDUSD can gain momentum.

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
0.7420001 0.7420001 0.7420001 0.7420001 0.0000000
Entry Signal

MarketClub’s Trade Triangles for BNDUSD

long term down The long-term trend has been DOWN since Jul 2nd, 2021 at 0.7439980

intermediate term up The intermediate-term trend has been UP since Oct 14th, 2021 at 0.7398597

short term up The short-term trend has been UP since Oct 10th, 2021 at 0.7371534

Smart Scan Analysis for BNDUSD

Based on our trend formula, BNDUSD is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+50
Smart Scan Analysis for BNDUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.7420001 0.7420001 0.7420001 0.7420001 0.0000000
Prev. Close Volume Bid Ask Time
0.7420001 2021-10-14 07:18:43
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