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Forex Trend Analysis Report
Prepared for you on Thursday, December 26, 2024.
Bermuda Dollar/Barbadian Dollar (FOREX:BMDBBD)
Sidelines Mode (+55) - BMDBBD is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
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.
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MarketClub’s Trade Triangles for BMDBBD
The long-term trend has been UP since Dec 18th, 2024 at 2.0305144
The intermediate-term trend has been UP since Dec 18th, 2024 at 2.0232713
The short-term trend has been DOWN since Dec 22nd, 2024 at 2.0119687
Smart Scan Analysis for BMDBBD
Based on our trend formula, BMDBBD is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 2.010871 | 2.010871 | 2.010871 | 2.010871 | 0.000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 2.010871 | 2024-12-26 06:34:43 |