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Forex Trend Analysis Report

Prepared for you on Saturday, July 20, 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
2.0133950 2.0191106 2.0127387 2.0133950 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 Jun 9th, 2024 at 2.0251891

short term down The short-term trend has been DOWN since Jul 20th, 2024 at 2.0129388

Smart Scan Analysis for BMDBBD

Based on our trend formula, BMDBBD is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+75
Smart Scan Analysis for BMDBBD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.0133950 2.0191106 2.0127387 2.0133950 0.0000000
Prev. Close Volume Bid Ask Time
2.0133950 2024-07-20 12:55:44
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