Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Thursday, April 25, 2024.

Bermuda Dollar/Barbadian Dollar (FOREX:BMDBBD)

Bull Market Weakness (+75) - BMDBBD is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on BMDBBD as it may be in the beginning stages of a reversal.

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
2.0112785 2.0112785 2.0112785 2.0112785 0.0000000
Entry Signal

MarketClub’s Trade Triangles for BMDBBD

long term up The long-term trend has been UP since Feb 4th, 2024 at 2.0274710

intermediate term up The intermediate-term trend has been UP since Apr 10th, 2024 at 2.0203847

short term up The short-term trend has been UP since Apr 24th, 2024 at 2.0191603

Smart Scan Analysis for BMDBBD

Based on our trend formula, BMDBBD is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for BMDBBD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.0112785 2.0112785 2.0112785 2.0112785 0.0000000
Prev. Close Volume Bid Ask Time
2.0112785 2024-04-25 05:34:17
Get a free daily analysis and signals for Bermuda Dollar/Barbadian Dollar (BMDBBD) - Request Your Free Report.