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Forex Trend Analysis Report

Prepared for you on Monday, March 1, 2021.

Belarusian Ruble/US Dollar (FOREX:BYNUSD)

Weak Downtrend (-65) - BYNUSD is showing signs of a strengthening downtrend. Monitor BYNUSD as it may be building momentum to the downside.

Is it time to buy, sell, or avoid BYNUSD?

MarketClub looks at technical strength and momentum to determine if the timing is right for BYNUSD.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_BYNUSD
Open High Low BYNUSD Price Change
0.38383666 0.38383666 0.38383666 0.38383666 0.00000000
Entry Signal

MarketClub’s Trade Triangles for BYNUSD

long term up The long-term trend has been UP since Dec 15th, 2020 at 0.39416895

intermediate term down The intermediate-term trend has been DOWN since Jan 25th, 2021 at 0.39208941

short term down The short-term trend has been DOWN since Feb 14th, 2021 at 0.38592275

Smart Scan Analysis for BYNUSD

Based on our trend formula, BYNUSD is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for BYNUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.38383666 0.38383666 0.38383666 0.38383666 0.00000000
Prev. Close Volume Bid Ask Time
0.38383666 2021-02-26 07:19:58
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