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Forex Trend Analysis Report
Prepared for you on Friday, February 26, 2021.
Bermuda Dollar/Euro (FOREX:BMDEUR)
Strong Downtrend (-100) - BMDEUR is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.
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 DOWN since Nov 27th, 2020 at 0.8402709
The intermediate-term trend has been DOWN since Feb 23rd, 2021 at 0.8246113
The short-term trend has been DOWN since Feb 23rd, 2021 at 0.8246113
Smart Scan Analysis for BMDEUR
Based on our trend formula, BMDEUR is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.8221706 | 0.8221706 | 0.8221706 | 0.8221706 | 0.0000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.8221706 | 2021-02-24 07:23:18 |