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Forex Trend Analysis Report

Prepared for you on Wednesday, April 8, 2020.

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
2.0159246 2.0192255 2.0139624 2.0139624 -0.0019620
Entry Signal

MarketClub’s Trade Triangles for BMDBBD

long term up The long-term trend has been UP since Apr 2nd, 2020 at 2.0269796

intermediate term up The intermediate-term trend has been UP since Apr 2nd, 2020 at 2.0269796

short term up The short-term trend has been UP since Mar 26th, 2020 at 2.0070427

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
2.0159246 2.0192255 2.0139624 2.0139624 -0.0019620
Prev. Close Volume Bid Ask Time
2.0159246 1.9680883 2.0598364 2020-04-08 21:43:47
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