Forex Trend Analysis Report
Prepared for you on Tuesday, December 11, 2018.
Bermuda Dollar/Euro (FOREX:BMDEUR)
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 BMDEUR
The long term trend has been UP since Apr 29th, 2018 at 0.820690
The intermediate term trend has been UP since Sep 30th, 2018 at 0.863195
The short term trend has been DOWN since Dec 4th, 2018 at 0.879440
Smart Scan Analysis for BMDEUR
Based on a pre-defined weighted trend formula for chart analysis, BMDEUR scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).