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Forex Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
US Dollar/Barbadian Dollar (FOREX:USDBBD)
Sidelines Mode (+55) - USDBBD is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid USDBBD?
MarketClub looks at technical strength and momentum to determine if the timing is right for USDBBD.
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 USDBBD
The long-term trend has been UP since Apr 10th, 2024 at 2.0316103
The intermediate-term trend has been DOWN since May 1st, 2024 at 2.0136480
The short-term trend has been UP since May 7th, 2024 at 2.0194677
Smart Scan Analysis for USDBBD
Based on our trend formula, USDBBD is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 2.0201992 | 2.0201992 | 2.0201992 | 2.0201992 | 0.0000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 2.0201992 | 2024-05-08 21:02:49 |