Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Wednesday, August 5, 2020.

Brunei Dollar/Euro (FOREX:BNDEUR)

Long-Term Downtrend (-90) - BNDEUR is in a strong downtrend that is likely to continue. While BNDEUR is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

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

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

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

FOREX_BNDEUR
Open High Low BNDEUR Price Change
0.61785072 0.61892170 0.61785072 0.61892170 +0.00107100
Entry Signal

MarketClub’s Trade Triangles for BNDEUR

long term down The long-term trend has been DOWN since Jun 29th, 2020 at 0.63702303

intermediate term down The intermediate-term trend has been DOWN since Jun 29th, 2020 at 0.63702303

short term down The short-term trend has been DOWN since Jul 15th, 2020 at 0.63475807

Smart Scan Analysis for BNDEUR

Based on our trend formula, BNDEUR is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for BNDEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.61785072 0.61892170 0.61785072 0.61892170 +0.00107100
Prev. Close Volume Bid Ask Time
0.61785072 0.60934739 0.62849601 2020-07-29 07:31:59
Get a free daily analysis and signals for Brunei Dollar/Euro (BNDEUR) - Request Your Free Report.