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Forex Trend Analysis Report
Prepared for you on Thursday, November 21, 2024.
Euro/Bermuda Dollar (FOREX:EURBMD)
Strong Downtrend (-100) - EURBMD is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, EURBMD continues to fall. Traders should use caution and set stops.
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.
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MarketClub’s Trade Triangles for EURBMD
The long-term trend has been DOWN since Nov 18th, 2024 at 1.0823
The intermediate-term trend has been DOWN since Oct 4th, 2024 at 1.1090
The short-term trend has been DOWN since Oct 4th, 2024 at 1.1090
Smart Scan Analysis for EURBMD
Based on our trend formula, EURBMD is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.0542 | 1.0542 | 1.0542 | 1.0542 | 0.0000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.0554 | 2024-11-18 21:06:10 |