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Forex Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
US Dollar/Brunei Dollar (FOREX:USDBND)
Countertrend Down (-85) - USDBND is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score 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.
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MarketClub’s Trade Triangles for USDBND
The long-term trend has been DOWN since Jul 17th, 2024 at 1.3412690
The intermediate-term trend has been DOWN since Jul 11th, 2024 at 1.3478275
The short-term trend has been UP since Jul 21st, 2024 at 1.3438485
Smart Scan Analysis for USDBND
Based on our trend formula, USDBND is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.3447505 | 1.3447505 | 1.3447505 | 1.3447505 | 0.0000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.3450060 | 2024-07-23 07:26:06 |