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Forex Trend Analysis Report
Prepared for you on Wednesday, May 1, 2024.
US Dollar/Brunei Dollar (FOREX:USDBND)
Bull Market Weakness (+75) - USDBND is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on USDBND as it may be in the beginning stages of a reversal.
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 UP since Mar 28th, 2024 at 1.3497763
The intermediate-term trend has been UP since Mar 28th, 2024 at 1.3411422
The short-term trend has been UP since Apr 28th, 2024 at 1.3615915
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.3701921 | 1.3701921 | 1.3701921 | 1.3701921 | 0.0000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.3647546 | 2024-04-30 23:58:22 |