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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.

FOREX_BMDBBD
Open High Low BMDBBD Price Change
2.0144401 2.0186223 2.0144401 2.0186223 +0.0041820
Entry Signal

MarketClub’s Trade Triangles for BMDBBD

long term up The long-term trend has been UP since Aug 19th, 2020 at 2.0246291

intermediate term down The intermediate-term trend has been DOWN since Oct 13th, 2021 at 2.0089472

short term up 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).

+75
Smart Scan Analysis for BMDBBD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.0144401 2.0186223 2.0144401 2.0186223 +0.0041820
Prev. Close Volume Bid Ask Time
2.0144401 2021-10-17 21:42:33
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