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.
MarketClub’s Trade Triangles for BYNUSD
The long-term trend has been UP since Dec 15th, 2020 at 0.39416895
The intermediate-term trend has been DOWN since Jan 25th, 2021 at 0.39208941
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).