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Forex Trend Analysis Report

Prepared for you on Tuesday, September 25, 2018.

Bermuda Dollar/Barbadian Dollar (FOREX:BMDBBD)

Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with 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_BMDBBD
Open High Low BMDBBD Price Change
1.99850 1.99850 1.99685 1.99685 -0.00165
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 up The intermediate term trend has been UP since Sep 16th, 2018 at 2.00875

short term up The short term trend has been UP since Sep 23rd, 2018 at 1.99930

Smart Scan Analysis for BMDBBD

Based on a pre-defined weighted trend formula for chart analysis, BMDBBD scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+70
Smart Scan Analysis for BMDBBD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.99850 1.99850 1.99685 1.99685 -0.00165
Prev. Close Volume Bid Ask Time
1.99850 1.95440 2.03930 2018-09-25 15:33:47
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