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Forex Trend Analysis Report
Prepared for you on Friday, April 19, 2024.
Bermuda Dollar/Euro (FOREX:BMDEUR)
Countertrend Up (+85) - BMDEUR is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid BMDEUR?
MarketClub looks at technical strength and momentum to determine if the timing is right for BMDEUR.
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 BMDEUR
The long-term trend has been UP since Apr 18th, 2024 at 0.9338885
The intermediate-term trend has been UP since Mar 28th, 2024 at 0.9243069
The short-term trend has been UP since Apr 18th, 2024 at 0.9279953
Smart Scan Analysis for BMDEUR
Based on our trend formula, BMDEUR is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.9366878 | 0.9366878 | 0.9366878 | 0.9366878 | 0.0000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.9392392 | 2024-04-18 07:26:27 |