Forex Trend Analysis Report
Prepared for you on Tuesday, June 28, 2022.
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.
MarketClub’s Trade Triangles for BNDUSD
The long-term trend has been DOWN since Apr 21st, 2022 at 0.7323006
The intermediate-term trend has been DOWN since Jun 6th, 2022 at 0.7267608
The short-term trend has been UP since Jun 17th, 2022 at 0.7190222
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).