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Forex Trend Analysis Report

Prepared for you on Thursday, November 30, 2023.

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.

FOREX_BYNUSD
Open High Low BYNUSD Price Change
0.30378489 0.30378489 0.30378489 0.30378489 0.00000000
Entry Signal

MarketClub’s Trade Triangles for BYNUSD

long term down The long-term trend has been DOWN since Aug 13th, 2023 at 0.39493643

intermediate term up The intermediate-term trend has been UP since Oct 29th, 2023 at 0.30357526

short term up The short-term trend has been UP since Nov 19th, 2023 at 0.30462593

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).

-60
Smart Scan Analysis for BYNUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.30378489 0.30378489 0.30378489 0.30378489 0.00000000
Prev. Close Volume Bid Ask Time
0.30378489 2023-11-28 07:28:25
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