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Forex Trend Analysis Report

Prepared for you on Saturday, June 15, 2024.

Bermuda Dollar/Euro (FOREX:BMDEUR)

Strong Uptrend (+100) - BMDEUR is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, BMDEUR continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.

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
0.9346741 0.9346741 0.9346741 0.9346741 0.0000000
Entry Signal

MarketClub’s Trade Triangles for BMDEUR

long term up The long-term trend has been UP since Apr 18th, 2024 at 0.9338885

intermediate term up The intermediate-term trend has been UP since Jun 11th, 2024 at 0.9244779

short term up The short-term trend has been UP since Jun 11th, 2024 at 0.9203089

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).

+100
Smart Scan Analysis for BMDEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.9346741 0.9346741 0.9346741 0.9346741 0.0000000
Prev. Close Volume Bid Ask Time
0.9346741 2024-06-14 07:26:18
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