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Forex Trend Analysis Report

Prepared for you on Wednesday, July 6, 2022.

US Dollar/Belarusian Ruble (FOREX:USDBYN)

Weak Downtrend (-65) - USDBYN is showing signs of a strengthening downtrend. Monitor USDBYN as it may be building momentum to the downside.

Is it time to buy, sell, or avoid USDBYN?

MarketClub looks at technical strength and momentum to determine if the timing is right for USDBYN.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_USDBYN
Open High Low USDBYN Price Change
3.3745927 3.3745927 3.3745927 3.3745927 0.0000000
Entry Signal

MarketClub’s Trade Triangles for USDBYN

long term up The long-term trend has been UP since Nov 29th, 2021 at 2.5304618

intermediate term down The intermediate-term trend has been DOWN since Jun 29th, 2022 at 3.3758726

short term down The short-term trend has been DOWN since Jun 29th, 2022 at 3.3770280

Smart Scan Analysis for USDBYN

Based on our trend formula, USDBYN is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for USDBYN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.3745927 3.3745927 3.3745927 3.3745927 0.0000000
Prev. Close Volume Bid Ask Time
3.3745927 2022-06-29 07:17:22
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