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Forex Trend Analysis Report

Prepared for you on Sunday, August 19, 2018.

Barbadian Dollar/US Dollar (FOREX:BBDUSD)

Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

FOREX_BBDUSD
Open High Low BBDUSD Price Change
0.499805 0.499805 0.497220 0.497220 -0.002585
Entry Signal

MarketClub’s Trade Triangles for BBDUSD

long term up The long term trend has been UP since Jun 10th, 2018 at 0.50179

intermediate term down The intermediate term trend has been DOWN since Jul 24th, 2018 at 0.49908

short term up The short term trend has been UP since Aug 13th, 2018 at 0.50049

Smart Scan Analysis for BBDUSD

Based on a pre-defined weighted trend formula for chart analysis, BBDUSD scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-55
Smart Scan Analysis for BBDUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.499805 0.499805 0.497220 0.497220 -0.002585
Prev. Close Volume Bid Ask Time
0.499805 0.486330 0.508110 2018-08-14 21:13:13
Want to analyze Barbadian Dollar/US Dollar BBDUSD or another symbol? Try our Free Forex Trend Analysis Report.