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Forex Trend Analysis Report

Prepared for you on Friday, November 16, 2018.

Bermuda Dollar/Barbadian Dollar (FOREX:BMDBBD)

Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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
1.98550 1.99155 1.98550 1.99155 +0.00605
Entry Signal

MarketClub’s Trade Triangles for BMDBBD

long term down The long term trend has been DOWN since Jun 21st, 2018 at 1.98540

intermediate term down The intermediate term trend has been DOWN since Oct 9th, 2018 at 1.98725

short term down The short term trend has been DOWN since Nov 5th, 2018 at 1.99540

Smart Scan Analysis for BMDBBD

Based on a pre-defined weighted trend formula for chart analysis, BMDBBD scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-90
Smart Scan Analysis for BMDBBD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.98550 1.99155 1.98550 1.99155 +0.00605
Prev. Close Volume Bid Ask Time
1.98550 1.94750 2.03560 2018-11-16 13:27:30
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