Forex Trend Analysis Report
Prepared for you on Sunday, May 19, 2019.
Brunei Dollar/US Dollar (FOREX:BNDUSD)
Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend with tight money management stops.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for BNDUSD
The long term trend has been DOWN since May 15th, 2019 at 0.733445
The intermediate term trend has been DOWN since May 15th, 2019 at 0.735270
The short term trend has been DOWN since May 15th, 2019 at 0.740215
Smart Scan Analysis for BNDUSD
Based on a pre-defined weighted trend formula for chart analysis, BNDUSD scored -80 on a scale from -100 (strong downtrend) to +100 (strong uptrend).