Forex Trend Analysis Report
Prepared for you on Sunday, October 17, 2021.
Bermuda Dollar/Barbadian Dollar (FOREX:BMDBBD)
Bull Market Weakness (+75) - BMDBBD is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on BMDBBD as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid BMDBBD?
MarketClub looks at technical strength and momentum to determine if the timing is right for BMDBBD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for BMDBBD
The long-term trend has been UP since Aug 19th, 2020 at 2.0246291
The intermediate-term trend has been DOWN since Oct 13th, 2021 at 2.0089472
The short-term trend has been UP since Oct 17th, 2021 at 2.0170108
Smart Scan Analysis for BMDBBD
Based on our trend formula, BMDBBD is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).