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Forex Trend Analysis Report

Prepared for you on Monday, March 1, 2021.

Bermuda Dollar/Barbadian Dollar (FOREX:BMDBBD)

Long-Term Uptrend (+90) - BMDBBD is in a strong uptrend that is likely to continue. While BMDBBD is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

Is it time to buy, sell, or avoid BMDBBD?

MarketClub looks at technical strength and momentum to determine if the timing is right for BMDBBD.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_BMDBBD
Open High Low BMDBBD Price Change
2.0179452 2.0179452 2.0172608 2.0172608 -0.0006840
Entry Signal

MarketClub’s Trade Triangles for BMDBBD

long term up The long-term trend has been UP since Aug 19th, 2020 at 2.0246291

intermediate term up The intermediate-term trend has been UP since Feb 16th, 2021 at 2.0191656

short term up The short-term trend has been UP since Feb 23rd, 2021 at 2.0190327

Smart Scan Analysis for BMDBBD

Based on our trend formula, BMDBBD is rated as a +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
2.0179452 2.0179452 2.0172608 2.0172608 -0.0006840
Prev. Close Volume Bid Ask Time
2.0179452 2021-03-01 06:04:41
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