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Forex Trend Analysis Report
Prepared for you on Thursday, April 18, 2024.
Euro/Bermuda Dollar (FOREX:EURBMD)
Long-Term Downtrend (-90) - EURBMD is in a strong downtrend that is likely to continue. While EURBMD is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid EURBMD?
MarketClub looks at technical strength and momentum to determine if the timing is right for EURBMD.
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 EURBMD
The long-term trend has been DOWN since Apr 18th, 2024 at 1.0708
The intermediate-term trend has been DOWN since Mar 28th, 2024 at 1.0819
The short-term trend has been DOWN since Apr 18th, 2024 at 1.0776
Smart Scan Analysis for EURBMD
Based on our trend formula, EURBMD is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.0676 | 1.0676 | 1.0676 | 1.0676 | 0.0000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.0676 | 2024-04-18 07:26:27 |