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Forex Trend Analysis Report
Prepared for you on Wednesday, April 24, 2024.
Bermuda Dollar/Euro (FOREX:BMDEUR)
Bull Market Weakness (+75) - BMDEUR is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on 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.
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MarketClub’s Trade Triangles for BMDEUR
The long-term trend has been UP since Apr 18th, 2024 at 0.9338885
The intermediate-term trend has been UP since Mar 28th, 2024 at 0.9243069
The short-term trend has been UP since Apr 18th, 2024 at 0.9279953
Smart Scan Analysis for BMDEUR
Based on our trend formula, BMDEUR is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.938534 | 0.938534 | 0.938534 | 0.938534 | 0.000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.938534 | 2024-04-23 07:26:24 |