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Forex Trend Analysis Report

Prepared for you on Saturday, June 22, 2024.

Belarusian Ruble/US Dollar (FOREX:BYNUSD)

Bull Market Weakness (+75) - BYNUSD is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on BYNUSD as it may be in the beginning stages of a reversal.

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
0.30621737 0.30621737 0.30621737 0.30621737 0.00000000
Entry Signal

MarketClub’s Trade Triangles for BYNUSD

long term down The long-term trend has been DOWN since Jun 10th, 2024 at 0.30214376

intermediate term up The intermediate-term trend has been UP since Jun 12th, 2024 at 0.30638084

short term up The short-term trend has been UP since Jun 12th, 2024 at 0.30638084

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
0.30621737 0.30621737 0.30621737 0.30621737 0.00000000
Prev. Close Volume Bid Ask Time
0.30621737 2024-06-22 16:44:15
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