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Forex Trend Analysis Report
Prepared for you on Thursday, November 21, 2024.
Bermuda Dollar/Euro (FOREX:BMDEUR)
Countertrend Up (+85) - BMDEUR is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid BMDEUR?
MarketClub looks at technical strength and momentum to determine if the timing is right for BMDEUR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for BMDEUR
The long-term trend has been UP since Nov 18th, 2024 at 0.9239653
The intermediate-term trend has been UP since Oct 4th, 2024 at 0.9017199
The short-term trend has been UP since Oct 4th, 2024 at 0.9017199
Smart Scan Analysis for BMDEUR
Based on our trend formula, BMDEUR is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.9485943 | 0.9485943 | 0.9485943 | 0.9485943 | 0.0000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.9475157 | 2024-11-18 21:06:10 |