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Forex Trend Analysis Report

Prepared for you on Monday, May 25, 2020.

US Dollar/Bermuda Dollar (FOREX:USDBMD)

Strong Downtrend (-100) - USDBMD is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid USDBMD?

MarketClub looks at technical strength and momentum to determine if the timing is right for USDBMD.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_USDBMD
Open High Low USDBMD Price Change
1 1 1 1 0
Entry Signal

MarketClub’s Trade Triangles for USDBMD

long term down The long-term trend has been DOWN since Nov 9th, 2018 at 1

intermediate term down The intermediate-term trend has been DOWN since Nov 9th, 2018 at 1

short term down The short-term trend has been DOWN since Nov 9th, 2018 at 1

Smart Scan Analysis for USDBMD

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

-100
Smart Scan Analysis for USDBMD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1 1 1 1 0
Prev. Close Volume Bid Ask Time
1 1 1 2020-05-22 13:11:19
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