Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Monday, February 17, 2020.

Brunei Dollar/US Dollar (FOREX:BNDUSD)

Long-Term Downtrend (-90) - BNDUSD is in a strong downtrend that is likely to continue. While BNDUSD is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

Is it time to buy, sell, or avoid ?

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
0.7185977 0.7185977 0.7185977 0.7185977 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 down The intermediate-term trend has been DOWN since Jan 27th, 2020 at 0.7400241

short term down The short-term trend has been DOWN since Jan 24th, 2020 at 0.7412946

Smart Scan Analysis for BNDUSD

Based on our trend formula, BNDUSD is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for BNDUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.7185977 0.7185977 0.7185977 0.7185977 0.0000000
Prev. Close Volume Bid Ask Time
0.7203162 0.7066878 0.7305076 2020-02-13 21:03:33
Get a free daily analysis and signals for Brunei Dollar/US Dollar (BNDUSD) - Request Your Free Report.