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Forex Trend Analysis Report

Prepared for you on Tuesday, October 26, 2021.

Bermuda Dollar/Euro (FOREX:BMDEUR)

Weak Uptrend (+65) - BMDEUR is showing signs of weakening momentum to the upside. Monitor BMDEUR as it may be in the beginning stages of a reversal.

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
0.8602948 0.8602948 0.8602948 0.8602948 0.0000000
Entry Signal

MarketClub’s Trade Triangles for BMDEUR

long term up The long-term trend has been UP since Aug 9th, 2021 at 0.8491182

intermediate term up The intermediate-term trend has been UP since Sep 27th, 2021 at 0.8499120

short term down The short-term trend has been DOWN since Oct 19th, 2021 at 0.8649829

Smart Scan Analysis for BMDEUR

Based on our trend formula, BMDEUR is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+65
Smart Scan Analysis for BMDEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.8602948 0.8602948 0.8602948 0.8602948 0.0000000
Prev. Close Volume Bid Ask Time
0.8604428 2021-10-25 21:08:33
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