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Forex Trend Analysis Report

Prepared for you on Friday, May 24, 2024.

Brunei Dollar/Euro (FOREX:BNDEUR)

Strong Downtrend (-100) - BNDEUR is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, BNDEUR continues to fall. 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
0.6835397 0.6835397 0.6835397 0.6835397 0.0000000
Entry Signal

MarketClub’s Trade Triangles for BNDEUR

long term down The long-term trend has been DOWN since Apr 9th, 2024 at 0.6841478

intermediate term down The intermediate-term trend has been DOWN since May 14th, 2024 at 0.6850385

short term down The short-term trend has been DOWN since Apr 28th, 2024 at 0.6887671

Smart Scan Analysis for BNDEUR

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

-100
Smart Scan Analysis for BNDEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.6835397 0.6835397 0.6835397 0.6835397 0.0000000
Prev. Close Volume Bid Ask Time
0.6833528 2024-05-23 07:26:12
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