Forex Trend Analysis Report
Prepared for you on Thursday, April 19, 2018.
Bermuda Dollar/Barbadian Dollar (FOREX:BMDBBD)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-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.
MarketClub’s Trade Triangles for BMDBBD
The long term trend has been UP since Feb 7th, 2018 at 2.01365
The intermediate term trend has been UP since Mar 28th, 2018 at 2.01280
The short term trend has been DOWN since Apr 16th, 2018 at 2.00005
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).