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Forex Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
Bermuda Dollar/British Pound (FOREX:BMDGBP)
Weak Downtrend (-65) - BMDGBP is showing signs of a strengthening downtrend. Monitor BMDGBP as it may be building momentum to the downside.
Is it time to buy, sell, or avoid BMDGBP?
MarketClub looks at technical strength and momentum to determine if the timing is right for BMDGBP.
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 BMDGBP
The long-term trend has been DOWN since Jul 10th, 2024 at 0.7757545
The intermediate-term trend has been DOWN since Jul 8th, 2024 at 0.7782268
The short-term trend has been UP since Jul 18th, 2024 at 0.7708598
Smart Scan Analysis for BMDGBP
Based on our trend formula, BMDGBP is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
![Smart Scan Analysis for BMDGBP](/img/sites/trend-web/images/trend-slider.png)
Open | High | Low | Price | Change |
---|---|---|---|---|
0.7754440 | 0.7762556 | 0.7745949 | 0.7752029 | -0.0002410 |
Prev. Close | Volume | Bid | Ask | Time |
0.7754440 | 2024-07-26 20:42:29 |