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Forex Trend Analysis Report
Prepared for you on Sunday, October 13, 2024.
US Dollar/Belarusian Ruble (FOREX:USDBYN)
Crossroads (-60) - USDBYN 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 USDBYN?
MarketClub looks at technical strength and momentum to determine if the timing is right for USDBYN.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for USDBYN
The long-term trend has been DOWN since Aug 2nd, 2024 at 3.2562183
The intermediate-term trend has been UP since Sep 15th, 2024 at 3.2725615
The short-term trend has been UP since Aug 21st, 2024 at 3.2730945
Smart Scan Analysis for USDBYN
Based on our trend formula, USDBYN is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 3.2745007 | 3.2745007 | 3.2745007 | 3.2745007 | 0.0000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 3.2684597 | 2024-10-11 07:25:16 |