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Forex Trend Analysis Report

Prepared for you on Monday, August 10, 2020.

Euro/Bermuda Dollar (FOREX:EURBMD)

Bull Market Weakness (+75) - EURBMD is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on EURBMD as it may be in the beginning stages of a reversal.

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
1.1738 1.1738 1.1738 1.1738 0.0000
Entry Signal

MarketClub’s Trade Triangles for EURBMD

long term up The long-term trend has been UP since Jul 13th, 2020 at 1.1328

intermediate term up The intermediate-term trend has been UP since Jul 9th, 2020 at 1.1307

short term up The short-term trend has been UP since Jul 8th, 2020 at 1.1279

Smart Scan Analysis for EURBMD

Based on our trend formula, EURBMD is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for EURBMD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.1738 1.1738 1.1738 1.1738 0.0000
Prev. Close Volume Bid Ask Time
1.1823 1.1708 1.1768 2020-07-29 04:35:19
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