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Forex Trend Analysis Report

Prepared for you on Thursday, November 21, 2024.

Bermuda Dollar/Barbadian Dollar (FOREX:BMDBBD)

Weak Downtrend (-65) - BMDBBD is showing signs of a strengthening downtrend. Monitor BMDBBD as it may be building momentum to the downside.

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
2.0157962 2.0157962 2.0138344 2.0138344 -0.0019620
Entry Signal

MarketClub’s Trade Triangles for BMDBBD

long term up The long-term trend has been UP since Oct 31st, 2024 at 2.0267306

intermediate term down The intermediate-term trend has been DOWN since Nov 18th, 2024 at 2.0081761

short term down The short-term trend has been DOWN since Nov 18th, 2024 at 2.0135602

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
2.0157962 2.0157962 2.0138344 2.0138344 -0.0019620
Prev. Close Volume Bid Ask Time
2.0157962 2024-11-21 10:45:56
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