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Forex Trend Analysis Report

Prepared for you on Sunday, April 21, 2019.

Bermuda Dollar/Barbadian Dollar (FOREX:BMDBBD)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very tight money management stops.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

FOREX_BMDBBD
Open High Low BMDBBD Price Change
1.99975 2.00160 1.99840 1.99840 -0.00135
Entry Signal

MarketClub’s Trade Triangles for BMDBBD

long term down The long term trend has been DOWN since Jan 9th, 2019 at 1.97550

intermediate term down The intermediate term trend has been DOWN since Apr 14th, 2019 at 1.98580

short term up The short term trend has been UP since Apr 17th, 2019 at 1.99155

Smart Scan Analysis for BMDBBD

Based on a pre-defined weighted trend formula for chart analysis, BMDBBD scored -65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-65
Smart Scan Analysis for BMDBBD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.99975 2.00160 1.99840 1.99840 -0.00135
Prev. Close Volume Bid Ask Time
1.99975 1.95410 2.04270 2019-04-21 22:51:02
Want to analyze Bermuda Dollar/Barbadian Dollar BMDBBD or another symbol? Try our Free Forex Trend Analysis Report.