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Forex Trend Analysis Report

Prepared for you on Tuesday, February 20, 2018.

Bermuda Dollar/Barbadian Dollar (FOREX:BMDBBD)

Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. Strong Uptrend 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
2.00450 2.00450 2.00055 2.00365 -0.00085
Entry Signal

MarketClub’s Trade Triangles for BMDBBD

long term up The long term trend has been UP since Feb 7th, 2018 at 2.01365

intermediate term up The intermediate term trend has been UP since Feb 19th, 2018 at 2.01475

short term up The short term trend has been UP since Feb 18th, 2018 at 2.00210

Smart Scan Analysis for BMDBBD

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

+100
Smart Scan Analysis for BMDBBD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.00450 2.00450 2.00055 2.00365 -0.00085
Prev. Close Volume Bid Ask Time
2.00450 1.96310 2.04420 2018-02-20 22:27:52
Want to analyze Bermuda Dollar/Barbadian Dollar BMDBBD or another symbol? Try our Free Forex Trend Analysis Report.