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Forex Trend Analysis Report

Prepared for you on Tuesday, April 20, 2021.

Bermuda Dollar/Euro (FOREX:BMDEUR)

Crossroads (-60) - BMDEUR is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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.

FOREX_BMDEUR
Open High Low BMDEUR Price Change
0.8341031 0.8341031 0.8341031 0.8341031 0.0000000
Entry Signal

MarketClub’s Trade Triangles for BMDEUR

long term up The long-term trend has been UP since Mar 7th, 2021 at 0.8347298

intermediate term down The intermediate-term trend has been DOWN since Apr 16th, 2021 at 0.8404121

short term down The short-term trend has been DOWN since Apr 6th, 2021 at 0.8520120

Smart Scan Analysis for BMDEUR

Based on our trend formula, BMDEUR is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for BMDEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.8341031 0.8341031 0.8341031 0.8341031 0.0000000
Prev. Close Volume Bid Ask Time
0.8341031 2021-04-18 21:09:28
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