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Forex Trend Analysis Report
Prepared for you on Friday, May 30, 2025.
Bermuda Dollar/British Pound (FOREX:BMDGBP)
Countertrend Down (-85) - BMDGBP is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
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 DOWN since Mar 5th, 2025 at 0.7747814
The intermediate-term trend has been DOWN since May 21st, 2025 at 0.7419347
The short-term trend has been UP since May 28th, 2025 at 0.7401043
Smart Scan Analysis for BMDGBP
Based on our trend formula, BMDGBP is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.7406318 | 0.7415568 | 0.7389858 | 0.7409977 | +0.0003660 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.7406318 | 2025-05-30 20:46:43 |