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Forex Trend Analysis Report

Prepared for you on Monday, December 4, 2023.

US Dollar/Brunei Dollar (FOREX:USDBND)

Crossroads (-60) - USDBND is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid USDBND?

MarketClub looks at technical strength and momentum to determine if the timing is right for USDBND.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_USDBND
Open High Low USDBND Price Change
1.3355236 1.3355236 1.3355236 1.3355236 0.0000000
Entry Signal

MarketClub’s Trade Triangles for USDBND

long term up The long-term trend has been UP since Sep 5th, 2023 at 1.3579772

intermediate term down The intermediate-term trend has been DOWN since Nov 12th, 2023 at 1.3671724

short term down The short-term trend has been DOWN since Nov 12th, 2023 at 1.3671724

Smart Scan Analysis for USDBND

Based on our trend formula, USDBND is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for USDBND
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.3355236 1.3355236 1.3355236 1.3355236 0.0000000
Prev. Close Volume Bid Ask Time
1.3379124 2023-11-28 07:28:25
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