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Forex Trend Analysis Report

Prepared for you on Sunday, November 28, 2021.

Euro/Bermuda Dollar (FOREX:EURBMD)

Strong Downtrend (-100) - EURBMD is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. 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.

FOREX_EURBMD
Open High Low EURBMD Price Change
1.1218 1.1218 1.1218 1.1218 0.0000
Entry Signal

MarketClub’s Trade Triangles for EURBMD

long term down The long-term trend has been DOWN since Aug 9th, 2021 at 1.1777

intermediate term down The intermediate-term trend has been DOWN since Sep 27th, 2021 at 1.1766

short term down The short-term trend has been DOWN since Nov 9th, 2021 at 1.1594

Smart Scan Analysis for EURBMD

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

-100
Smart Scan Analysis for EURBMD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.1218 1.1218 1.1218 1.1218 0.0000
Prev. Close Volume Bid Ask Time
1.1218 2021-11-24 07:23:55
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