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Forex Trend Analysis Report
Prepared for you on Saturday, October 26, 2024.
British Pound/Bermuda Dollar (FOREX:GBPBMD)
Weak Downtrend (-65) - GBPBMD is showing signs of a strengthening downtrend. Monitor GBPBMD as it may be building momentum to the downside.
Is it time to buy, sell, or avoid GBPBMD?
MarketClub looks at technical strength and momentum to determine if the timing is right for GBPBMD.
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 GBPBMD
The long-term trend has been UP since Jul 10th, 2024 at 1.2890676
The intermediate-term trend has been DOWN since Oct 7th, 2024 at 1.3113375
The short-term trend has been DOWN since Oct 16th, 2024 at 1.3062650
Smart Scan Analysis for GBPBMD
Based on our trend formula, GBPBMD is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.2993078 | 1.2993078 | 1.2993078 | 1.2993078 | 0.0000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.2993078 | 2024-10-26 04:48:07 |