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Forex Trend Analysis Report

Prepared for you on Saturday, December 14, 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.

FOREX_BMDEUR
Open High Low BMDEUR Price Change
0.9533875 0.9533875 0.9533875 0.9533875 0.0000000
Entry Signal

MarketClub’s Trade Triangles for BMDEUR

long term up The long-term trend has been UP since Nov 18th, 2024 at 0.9239653

intermediate term up The intermediate-term trend has been UP since Oct 4th, 2024 at 0.9017199

short term up 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).

+80
Smart Scan Analysis for BMDEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.9533875 0.9533875 0.9533875 0.9533875 0.0000000
Prev. Close Volume Bid Ask Time
0.9533875 2024-12-13 21:37:48
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