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Forex Trend Analysis Report

Prepared for you on Monday, June 17, 2024.

US Dollar/Brunei Dollar (FOREX:USDBND)

Strong Uptrend (+100) - USDBND is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, USDBND continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.

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
1.3503987 1.3527071 1.3503987 1.3524607 +0.0020620
Entry Signal

MarketClub’s Trade Triangles for USDBND

long term up The long-term trend has been UP since Mar 28th, 2024 at 1.3497763

intermediate term up The intermediate-term trend has been UP since Jun 9th, 2024 at 1.3509630

short term up The short-term trend has been UP since Jun 9th, 2024 at 1.3497911

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
1.3503987 1.3527071 1.3503987 1.3524607 +0.0020620
Prev. Close Volume Bid Ask Time
1.3527504 2024-06-16 19:01:50
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