Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Monday, April 6, 2020.

US Dollar/Brunei Dollar (FOREX:USDBND)

Weak Downtrend (-65) - USDBND is showing signs of a strengthening downtrend. Monitor USDBND as it may be building momentum to the downside.

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
1.4329348 1.4329348 1.4329348 1.4329348 0.0000000
Entry Signal

MarketClub’s Trade Triangles for USDBND

long term up The long-term trend has been UP since Feb 3rd, 2020 at 1.3666511

intermediate term down The intermediate-term trend has been DOWN since Mar 29th, 2020 at 1.4233088

short term down The short-term trend has been DOWN since Mar 29th, 2020 at 1.4233088

Smart Scan Analysis for USDBND

Based on our trend formula, USDBND is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for USDBND
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.4329348 1.4329348 1.4329348 1.4329348 0.0000000
Prev. Close Volume Bid Ask Time
1.4329348 1.4100386 1.4558310 2020-04-02 07:19:25
Get a free daily analysis and signals for US Dollar/Brunei Dollar (USDBND) - Request Your Free Report.