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.
MarketClub’s Trade Triangles for EURBMD
The long-term trend has been UP since Nov 27th, 2020 at 1.1901
The intermediate-term trend has been UP since Feb 23rd, 2021 at 1.2127
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).