Forex Trend Analysis Report
Prepared for you on Thursday, March 4, 2021.
Brunei Dollar/US Dollar (FOREX:BNDUSD)
Long-Term Uptrend (+90) - BNDUSD is in a strong uptrend that is likely to continue. While BNDUSD is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid BNDUSD?
MarketClub looks at technical strength and momentum to determine if the timing is right for BNDUSD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for BNDUSD
The long-term trend has been UP since Jul 26th, 2020 at 0.7224787
The intermediate-term trend has been UP since Feb 14th, 2021 at 0.7541150
The short-term trend has been UP since Feb 22nd, 2021 at 0.7551917
Smart Scan Analysis for BNDUSD
Based on our trend formula, BNDUSD is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).