Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Saturday, August 17, 2019.

US Dollar/Brunei Dollar (FOREX:USDBND)

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.

Open High Low USDBND Price Change
1.35030 1.35095 1.35015 1.35045 +0.00015
Entry Signal

MarketClub’s Trade Triangles for USDBND

long term down The long term trend has been DOWN since Dec 31st, 2018 at 1.36500

intermediate term up The intermediate term trend has been UP since Jul 30th, 2019 at 1.36120

short term down The short term trend has been DOWN since Aug 5th, 2019 at 1.35015

Smart Scan Analysis for USDBND

Based on a pre-defined weighted trend formula for chart analysis, USDBND scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

Smart Scan Analysis for USDBND
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.35030 1.35095 1.35015 1.35045 +0.00015
Prev. Close Volume Bid Ask Time
1.35030 1.34980 1.35110 2019-08-16 14:15:57
Want to analyze US Dollar/Brunei Dollar USDBND or another symbol? Try our Free Forex Trend Analysis Report.