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Forex Trend Analysis Report

Prepared for you on Tuesday, June 2, 2020.

Euro/Bermuda Dollar (FOREX:EURBMD)

Sidelines Mode (+50) - EURBMD is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until EURBMD can gain momentum.

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
1.1106 1.1106 1.1106 1.1106 0.0000
Entry Signal

MarketClub’s Trade Triangles for EURBMD

long term down The long-term trend has been DOWN since Mar 19th, 2020 at 1.0791

intermediate term up The intermediate-term trend has been UP since May 20th, 2020 at 1.0875

short term up The short-term trend has been UP since May 20th, 2020 at 1.0865

Smart Scan Analysis for EURBMD

Based on our trend formula, EURBMD is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+50
Smart Scan Analysis for EURBMD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.1106 1.1106 1.1106 1.1106 0.0000
Prev. Close Volume Bid Ask Time
1.1106 1.1076 1.1136 2020-06-01 07:17:47
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