Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Monday, April 12, 2021.

British Pound/Bermuda Dollar (FOREX:GBPBMD)

Crossroads (-60) - GBPBMD is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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
1.3721878 1.3809143 1.3703833 1.3807840 +0.0085960
Entry Signal

MarketClub’s Trade Triangles for GBPBMD

long term up The long-term trend has been UP since Jul 26th, 2020 at 1.2842256

intermediate term down The intermediate-term trend has been DOWN since Mar 23rd, 2021 at 1.3823629

short term down The short-term trend has been DOWN since Apr 6th, 2021 at 1.3848190

Smart Scan Analysis for GBPBMD

Based on our trend formula, GBPBMD is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for GBPBMD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.3721878 1.3809143 1.3703833 1.3807840 +0.0085960
Prev. Close Volume Bid Ask Time
1.3721878 2021-04-12 08:58:31
Get a free daily analysis and signals for British Pound/Bermuda Dollar (GBPBMD) - Request Your Free Report.