Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Sunday, May 31, 2020.

Bermuda Dollar/Euro (FOREX:BMDEUR)

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

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.

FOREX_BMDEUR
Open High Low BMDEUR Price Change
0.9173540 0.9173540 0.9173540 0.9173540 0.0000000
Entry Signal

MarketClub’s Trade Triangles for BMDEUR

long term up The long-term trend has been UP since Mar 19th, 2020 at 0.9267054

intermediate term down The intermediate-term trend has been DOWN since May 20th, 2020 at 0.9195472

short term down The short-term trend has been DOWN since May 20th, 2020 at 0.9203936

Smart Scan Analysis for BMDEUR

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

-70
Smart Scan Analysis for BMDEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.9173540 0.9173540 0.9173540 0.9173540 0.0000000
Prev. Close Volume Bid Ask Time
0.9129154 0.9148294 0.9198786 2020-05-25 21:04:35
Get a free daily analysis and signals for Bermuda Dollar/Euro (BMDEUR) - Request Your Free Report.