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Forex Trend Analysis Report

Prepared for you on Wednesday, December 11, 2024.

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
1.3401310 1.3412739 1.3401310 1.3412739 +0.0011430
Entry Signal

MarketClub’s Trade Triangles for USDBND

long term up The long-term trend has been UP since Nov 15th, 2024 at 1.3307353

intermediate term down The intermediate-term trend has been DOWN since Dec 6th, 2024 at 1.3446494

short term down The short-term trend has been DOWN since Dec 6th, 2024 at 1.3446494

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
1.3401310 1.3412739 1.3401310 1.3412739 +0.0011430
Prev. Close Volume Bid Ask Time
1.3416812 2024-12-09 18:37:00
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