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Forex Trend Analysis Report

Prepared for you on Saturday, December 9, 2023.

Euro/Bermuda Dollar (FOREX:EURBMD)

Weak Downtrend (-65) - EURBMD is showing signs of a strengthening downtrend. Monitor EURBMD as it may be building momentum to the downside.

Is it time to buy, sell, or avoid EURBMD?

MarketClub looks at technical strength and momentum to determine if the timing is right for EURBMD.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_EURBMD
Open High Low EURBMD Price Change
1.0783 1.0783 1.0783 1.0783 0.0000
Entry Signal

MarketClub’s Trade Triangles for EURBMD

long term down The long-term trend has been DOWN since Sep 21st, 2023 at 1.0693

intermediate term up The intermediate-term trend has been UP since Oct 29th, 2023 at 1.0551

short term down The short-term trend has been DOWN since Dec 5th, 2023 at 1.0866

Smart Scan Analysis for EURBMD

Based on our trend formula, EURBMD is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-65
Smart Scan Analysis for EURBMD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.0783 1.0783 1.0783 1.0783 0.0000
Prev. Close Volume Bid Ask Time
1.0783 2023-12-09 00:32:24
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