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Forex Trend Analysis Report

Prepared for you on Sunday, November 28, 2021.

British Pound/Bermuda Dollar (FOREX:GBPBMD)

Strong Downtrend (-100) - GBPBMD 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 GBPBMD?

MarketClub looks at technical strength and momentum to determine if the timing is right for GBPBMD.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_GBPBMD
Open High Low GBPBMD Price Change
1.3375523 1.3375523 1.3375523 1.3375523 0.0000000
Entry Signal

MarketClub’s Trade Triangles for GBPBMD

long term down The long-term trend has been DOWN since Jul 19th, 2021 at 1.3703833

intermediate term down The intermediate-term trend has been DOWN since Nov 4th, 2021 at 1.3603836

short term down The short-term trend has been DOWN since Nov 22nd, 2021 at 1.3444593

Smart Scan Analysis for GBPBMD

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

-100
Smart Scan Analysis for GBPBMD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.3375523 1.3375523 1.3375523 1.3375523 0.0000000
Prev. Close Volume Bid Ask Time
1.3375523 2021-11-28 13:38:48
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