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Forex Trend Analysis Report
Prepared for you on Wednesday, December 11, 2024.
Belarusian Ruble/US Dollar (FOREX:BYNUSD)
Countertrend Up (+85) - BYNUSD is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
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 UP since Dec 4th, 2024 at 0.30567076
The intermediate-term trend has been UP since Nov 20th, 2024 at 0.30549541
The short-term trend has been UP since Nov 20th, 2024 at 0.30552190
Smart Scan Analysis for BYNUSD
Based on our trend formula, BYNUSD is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.30537823 | 0.30537823 | 0.30537823 | 0.30537823 | 0.00000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.30540032 | 2024-12-09 07:25:13 |