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Forex Trend Analysis Report

Prepared for you on Tuesday, March 28, 2023.

US Dollar/Brunei Dollar (FOREX:USDBND)

Sidelines Mode (+50) - USDBND is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until USDBND can gain 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
1.3517539 1.3517539 1.3517539 1.3517539 0.0000000
Entry Signal

MarketClub’s Trade Triangles for USDBND

long term down The long-term trend has been DOWN since Nov 30th, 2022 at 1.3688481

intermediate term up The intermediate-term trend has been UP since Feb 7th, 2023 at 1.3237237

short term up The short-term trend has been UP since Feb 7th, 2023 at 1.3133934

Smart Scan Analysis for USDBND

Based on our trend formula, USDBND is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+50
Smart Scan Analysis for USDBND
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.3517539 1.3517539 1.3517539 1.3517539 0.0000000
Prev. Close Volume Bid Ask Time
1.3242428 2023-03-15 08:27:19
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