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Forex Trend Analysis Report
Prepared for you on Friday, April 19, 2024.
Brunei Dollar/British Pound (FOREX:BNDGBP)
Sidelines Mode (+50) - BNDGBP is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until BNDGBP can gain momentum.
Is it time to buy, sell, or avoid BNDGBP?
MarketClub looks at technical strength and momentum to determine if the timing is right for BNDGBP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for BNDGBP
The long-term trend has been DOWN since Jan 8th, 2024 at 0.59195353
The intermediate-term trend has been UP since Apr 12th, 2024 at 0.58858486
The short-term trend has been UP since Apr 12th, 2024 at 0.58734856
Smart Scan Analysis for BNDGBP
Based on our trend formula, BNDGBP is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.58922301 | 0.58922301 | 0.58922301 | 0.58922301 | 0.00000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.59059880 | 2024-04-18 07:26:29 |