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Forex Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
Brunei Dollar/British Pound (FOREX:BNDGBP)
Bear Market Rally (-75) - BNDGBP is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on BNDGBP as it may be in the beginning of a reversal.
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 DOWN since Jul 8th, 2024 at 0.57902934
The short-term trend has been UP since Jul 18th, 2024 at 0.57437688
Smart Scan Analysis for BNDGBP
Based on our trend formula, BNDGBP is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.57647065 | 0.57647065 | 0.57647065 | 0.57647065 | 0.00000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.57623595 | 2024-07-23 07:26:06 |