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Forex Trend Analysis Report
Prepared for you on Saturday, February 22, 2025.
Bermuda Dollar/Euro (FOREX:BMDEUR)
Sidelines Mode (+55) - BMDEUR is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
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 UP since Nov 18th, 2024 at 0.9239653
The intermediate-term trend has been UP since Feb 3rd, 2025 at 0.9707878
The short-term trend has been DOWN since Feb 7th, 2025 at 0.9650727
Smart Scan Analysis for BMDEUR
Based on our trend formula, BMDEUR is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.9552089 | 0.9552089 | 0.9552089 | 0.9552089 | 0.0000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.9552089 | 2025-02-22 01:41:04 |