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Forex Trend Analysis Report

Prepared for you on Sunday, July 14, 2024.

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, USDBMD 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.

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 at

intermediate term down The intermediate-term trend has been DOWN since at

short term down The short-term trend has been DOWN since at

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).

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 2024-07-11 13:06:58
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