Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Tuesday, July 17, 2018.

Bermuda Dollar/Barbadian Dollar (FOREX:BMDBBD)

Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.

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_BMDBBD
Open High Low BMDBBD Price Change
1.99765 2.00730 1.99580 2.00730 +0.00965
Entry Signal

MarketClub’s Trade Triangles for BMDBBD

long term down The long term trend has been DOWN since Jun 21st, 2018 at 1.9854

intermediate term down The intermediate term trend has been DOWN since Jun 21st, 2018 at 1.9882

short term up The short term trend has been UP since Jul 17th, 2018 at 2.0016

Smart Scan Analysis for BMDBBD

Based on a pre-defined weighted trend formula for chart analysis, BMDBBD scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-55
Smart Scan Analysis for BMDBBD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.99765 2.00730 1.99580 2.00730 +0.00965
Prev. Close Volume Bid Ask Time
1.99765 1.96450 2.05010 2018-07-17 22:47:02
Want to analyze Bermuda Dollar/Barbadian Dollar BMDBBD or another symbol? Try our Free Forex Trend Analysis Report.