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Forex Trend Analysis Report

Prepared for you on Friday, December 4, 2020.

US Dollar/Brunei Dollar (FOREX:USDBND)

Strong Downtrend (-100) - USDBND is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid USDBND?

MarketClub looks at technical strength and momentum to determine if the timing is right for USDBND.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_USDBND
Open High Low USDBND Price Change
1.3327361 1.3327361 1.3327361 1.3327361 0.0000000
Entry Signal

MarketClub’s Trade Triangles for USDBND

long term down The long-term trend has been DOWN since Jul 26th, 2020 at 1.3844733

intermediate term down The intermediate-term trend has been DOWN since Nov 5th, 2020 at 1.3542334

short term down The short-term trend has been DOWN since Dec 4th, 2020 at 1.3333664

Smart Scan Analysis for USDBND

Based on our trend formula, USDBND is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-100
Smart Scan Analysis for USDBND
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.3327361 1.3327361 1.3327361 1.3327361 0.0000000
Prev. Close Volume Bid Ask Time
1.3327361 2020-12-04 07:18:27
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