Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Wednesday, April 24, 2024.
Brunei Dollar/US Dollar (FOREX:BNDUSD)
Bear Market Rally (-75) - BNDUSD is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on BNDUSD as it may be in the beginning of a reversal.
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.
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MarketClub’s Trade Triangles for BNDUSD
The long-term trend has been DOWN since Mar 28th, 2024 at 0.7410852
The intermediate-term trend has been DOWN since Mar 28th, 2024 at 0.7458522
The short-term trend has been UP since Apr 23rd, 2024 at 0.7360142
Smart Scan Analysis for BNDUSD
Based on our trend formula, BNDUSD is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.7347629 | 0.7376385 | 0.7347629 | 0.7376385 | +0.0028760 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.7347629 | 2024-04-23 21:01:44 |