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Forex Trend Analysis Report

Prepared for you on Monday, December 9, 2019.

US Dollar/Brunei Dollar (FOREX:USDBND)

Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend Very 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.

FOREX_USDBND
Open High Low USDBND Price Change
1.3630412 1.3630412 1.3630412 1.3630412 0.0000000
Entry Signal

MarketClub’s Trade Triangles for USDBND

long term up The long term trend has been UP since Sep 2nd, 2019 at 1.3849500

intermediate term up The intermediate term trend has been UP since Nov 28th, 2019 at 1.3631945

short term down The short term trend has been DOWN since Dec 3rd, 2019 at 1.3640963

Smart Scan Analysis for USDBND

Based on a pre-defined weighted trend formula for chart analysis, USDBND scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+65
Smart Scan Analysis for USDBND
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.3630412 1.3630412 1.3630412 1.3630412 0.0000000
Prev. Close Volume Bid Ask Time
1.3641091 1.3404668 1.3856156 2019-12-04 07:16:01
Want to analyze US Dollar/Brunei Dollar USDBND or another symbol? Try our Free Forex Trend Analysis Report.