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Forex Trend Analysis Report

Prepared for you on Tuesday, June 2, 2020.

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
0.7069374 0.7069374 0.7069374 0.7069374 0.0000000
Entry Signal

MarketClub’s Trade Triangles for BNDUSD

long term down The long-term trend has been DOWN since Feb 3rd, 2020 at 0.7319182

intermediate term up The intermediate-term trend has been UP since Mar 29th, 2020 at 0.7027620

short term up The short-term trend has been UP since May 19th, 2020 at 0.7043236

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
0.7069374 0.7069374 0.7069374 0.7069374 0.0000000
Prev. Close Volume Bid Ask Time
0.7024088 0.6955374 0.7183374 2020-05-20 07:19:05
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