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Forex Trend Analysis Report
Prepared for you on Monday, January 20, 2025.
Bermuda Dollar/British Pound (FOREX:BMDGBP)
Bull Market Weakness (+75) - BMDGBP is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on BMDGBP as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid BMDGBP?
MarketClub looks at technical strength and momentum to determine if the timing is right for BMDGBP.
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 BMDGBP
The long-term trend has been UP since Nov 14th, 2024 at 0.7876126
The intermediate-term trend has been UP since Jan 2nd, 2025 at 0.8038771
The short-term trend has been DOWN since Jan 20th, 2025 at 0.8136867
Smart Scan Analysis for BMDGBP
Based on our trend formula, BMDGBP is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.8172666 | 0.8198998 | 0.8097205 | 0.8097205 | -0.0075460 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.8172666 | 2025-01-20 09:51:20 |