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Forex Trend Analysis Report

Prepared for you on Friday, February 26, 2021.

Euro/Bermuda Dollar (FOREX:EURBMD)

Countertrend Up (+85) - EURBMD is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

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
1.2163 1.2163 1.2163 1.2163 0.0000
Entry Signal

MarketClub’s Trade Triangles for EURBMD

long term up The long-term trend has been UP since Nov 27th, 2020 at 1.1901

intermediate term up The intermediate-term trend has been UP since Feb 23rd, 2021 at 1.2127

short term up The short-term trend has been UP since Feb 23rd, 2021 at 1.2127

Smart Scan Analysis for EURBMD

Based on our trend formula, EURBMD is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+80
Smart Scan Analysis for EURBMD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.2163 1.2163 1.2163 1.2163 0.0000
Prev. Close Volume Bid Ask Time
1.2163 2021-02-24 07:23:18
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