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Forex Trend Analysis Report

Prepared for you on Monday, August 15, 2022.

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
2.0190715 2.0190715 2.0190715 2.0190715 0.0000000
Entry Signal

MarketClub’s Trade Triangles for BMDBBD

long term down The long-term trend has been DOWN since Jun 16th, 2022 at 1.9965557

intermediate term up The intermediate-term trend has been UP since Aug 7th, 2022 at 2.0277034

short term up The short-term trend has been UP since Aug 14th, 2022 at 2.0190393

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
2.0190715 2.0190715 2.0190715 2.0190715 0.0000000
Prev. Close Volume Bid Ask Time
2.0190715 2022-08-15 03:47:32
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