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Forex Trend Analysis Report

Prepared for you on Tuesday, January 21, 2025.

Bermuda Dollar/Barbadian Dollar (FOREX:BMDBBD)

Crossroads (-60) - BMDBBD is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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
2.0054313 2.0142071 2.0054313 2.0142071 +0.0087760
Entry Signal

MarketClub’s Trade Triangles for BMDBBD

long term up The long-term trend has been UP since Dec 18th, 2024 at 2.0305144

intermediate term down The intermediate-term trend has been DOWN since Jan 13th, 2025 at 2.0055574

short term down The short-term trend has been DOWN since Jan 20th, 2025 at 2.0110133

Smart Scan Analysis for BMDBBD

Based on our trend formula, BMDBBD is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for BMDBBD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.0054313 2.0142071 2.0054313 2.0142071 +0.0087760
Prev. Close Volume Bid Ask Time
2.0054313 2025-01-21 11:21:23
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