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Forex Trend Analysis Report
Prepared for you on Tuesday, July 5, 2022.
Belarusian Ruble/US Dollar (FOREX:BYNUSD)
Crossroads (-60) - BYNUSD is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
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.
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MarketClub’s Trade Triangles for BYNUSD
The long-term trend has been DOWN since Nov 29th, 2021 at 0.39518589
The intermediate-term trend has been UP since Jun 29th, 2022 at 0.29622028
The short-term trend has been UP since Jun 29th, 2022 at 0.29611895
Smart Scan Analysis for BYNUSD
Based on our trend formula, BYNUSD is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.29633264 | 0.29633264 | 0.29633264 | 0.29633264 | 0.00000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.29633264 | 2022-06-29 07:17:22 |