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Forex Trend Analysis Report
Prepared for you on Friday, April 19, 2024.
Bermuda Dollar/British Pound (FOREX:BMDGBP)
Strong Uptrend (+100) - BMDGBP is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, BMDGBP continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
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 UP since Apr 11th, 2024 at 0.7968424
The intermediate-term trend has been UP since Mar 27th, 2024 at 0.7885123
The short-term trend has been UP since Apr 10th, 2024 at 0.7908127
Smart Scan Analysis for BMDGBP
Based on our trend formula, BMDGBP is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.8000667 | 0.8049799 | 0.7989837 | 0.8033819 | +0.0033150 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.8000667 | 2024-04-18 23:58:54 |